$ADA
Here’s a breakdown of the ADA/USDT chart and a suggested target strategy
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Snapshot Analysis
Current Price: $0.6765 (down 4.46%)
24h High / Low: $0.7179 / $0.6647
MA60: $0.6779 (price is slightly below the 60-period moving average — slightly bearish)
MACD: Bearish momentum increasing
DIF: -0.0005
DEA: -0.0002
MACD: -0.0003
(Red histogram bars growing — indicating weakening momentum)
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Technical Insights
Price has broken below the MA60, suggesting possible short-term downward continuation.
MACD crossover has occurred with histogram bars increasing negatively — bearish pressure.
Strong volume (127M ADA) implies significant trading activity, possibly on sell pressure.
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Target Strategy
Bearish Scenario (More Likely for Now):
Entry (Short): $0.676–0.680 (if bounce stalls)
Target 1 (Support Zone): $0.660
Target 2 (Major Support): $0.640
Stop-Loss: $0.690 (just above MA and recent peaks)
If Reversal Happens (Low Confidence):
Entry (Long): On confirmed reclaim above $0.685 with volume
Target: $0.715 (recent high/resistance)
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