$ADA /USDT – FACING RESISTANCE AFTER SHARP CLIMB TO $0.7297
$ADA surged from $0.6939 to a 24H high of $0.7297, marking a strong upward momentum. However, sellers stepped in at the peak, triggering a short-term pullback to the current level of $0.7134. The red candles suggest some cooling off after the rally.
MARKET SNAPSHOT:
24H High: $0.7297
24H Low: $0.6888
24H Volume (ADA): 118.48M
24H Volume (USDT): 84.05M
TECHNICAL INSIGHT:
Strong bullish leg formed with higher lows
Bearish wicks near $0.7297 show overhead supply
Price now testing near-term support at $0.7130
If broken, $0.7070 and $0.7000 may be next support areas
KEY LEVELS TO WATCH:
Resistance Zone: $0.7280 – $0.7300
Support Zone: $0.7070 – $0.6930
OUTLOOK:
Momentum remains bullish in the medium term, but a minor correction is unfolding. A bounce from $0.7070 could signal continuation, while failure may drag it toward $0.69 again.
Buy & Trade Here on $ADA
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