$ADA

Market Analysis on April 30, 2025: ADA/U (Not Investment Advice)

ADA/U (1-hour chart) has formed a typical 'downward consolidation' structure, with moving averages arranged bearishly, maintaining a high short-term bearish outlook.

【Current Structure】

• The price has been repeatedly blocked in the 0.703–0.705 U area, forming a clear top resistance;

• EMA5 has crossed below EMA20, and the candlestick is trading below both lines, confirming a weak pattern;

• Current short position opened at 0.6971 U, with a stop loss set at 0.7034 U, and a target at 0.6906 U, yielding a risk-reward ratio of 1.88, which is reasonable.

【Key Positions】

• Resistance: 0.703–0.705 U (previous high + EMA20);

• Support: 0.690–0.688 U range; if broken, it may trigger accelerated declines;

• The pivot point of the sideways consolidation is gradually moving downward, with the bearish trend still dominating the rhythm.

【Trading Suggestions】

• Suitable for small position shorting in line with the trend, with risk control set above EMA20 for greater stability;

• If the price strongly recovers above 0.705 U, the short strategy becomes invalid;

• Quick in and out on short-term trades to avoid getting caught in range oscillations.

—— Not falling hard but not rising either, just gradually moving down. Pay attention to the rhythm for stability.