$ADA

April 28, 2025 ADA Market Analysis

(For reference only, not investment advice)

Current Price: 0.6936 U

Trend Structure:

1. Pullback followed by consolidation

After reaching a high of 0.71 U, ADA has retraced and is currently still operating within the previous rising segment. The trend has not broken, but short-term momentum is insufficient, and there is a clear tug-of-war between bulls and bears.

2. Key positions are clear

• Resistance level above: 0.7121 U

• Support level below: 0.6848 U

Currently oscillating above the support range, the short-term direction depends on the loss or gain of support.

Interpretation of strategies in the chart:

• Entry point: Around 0.6936 U

• Stop loss level: 0.6699 U

• Target level: 0.7121 U

• Profit-loss ratio: About 1.83

Current thinking is very clear: defend support and look for a rebound; if the defense level is broken, stop loss immediately.

Practical advice:

• Short-term long position idea:

If it continues to stabilize above 0.6848 U and a reversal candlestick appears, you can enter a small long position to bet on a rebound to around 0.7120 U;

• Defense strategy:

If it breaks below 0.6848 U significantly, decisively stop loss and exit, waiting to re-enter at a lower position;

Current trading volume is relatively weak, and the market is prone to false breakouts. It is advisable to control position size and ensure stop-loss protection.