1. Current market situation

- Last price: 0.7303 USDT (+9.84%).

- Mark price: 0.7307 USDT (close to last price, indicating low liquidation risk).

- 24-hour range: 0.6544 - 0.7435 USDT (wide range, high volatility).

- Trading volume:

- 929.03 million ADA.

- 649.30 million USDT (significant activity).

2. Technical indicators

- MACD:

- DIF: 0.0137, DEA: 0.0116, MACD: 0.0022 (positive value, possible uptrend).

- RSI(6): 86.0284 (overbought zone, potential correction).

- Moving averages (MA/EMA): Current price above averages, confirming an uptrend.

- Bollinger Bands: Price is close to the upper boundary, which may signal overbought conditions.

3. Key support and resistance levels

- Support:

- 0.7080 USDT.

- 0.6880 USDT.

- Resistance:

- 0.7481 USDT.

- 0.7635 USDT.

4. Trading plan for today

- Scenario 1: Correction after the rise

- If RSI remains above 80, a correction to support levels 0.7080 or 0.6880 is possible.

- Strategy: Wait for confirmation of reversal (e.g., RSI dropping below 70) and open a short position with TP at 0.7080 and SL above 0.7481.

- Scenario 2: Continuation of growth

- If the price breaks 0.7481 with volume, expect a test of 0.7635.

- Strategy: Open a long position after breakout confirmation with TP at 0.7635 and SL below 0.7300.

- Scenario 3: Consolidation

- If the price remains in the range 0.7300 - 0.7481, trade from the range boundaries with short TP/SL.

5. Risk management

- Stop-Loss: Always set SL 2-3% below/above the entry point.

- Position: Do not risk more than 1-2% of capital on a single trade.

- Monitoring: Keep an eye on volumes and news that may affect ADA.

6. Additional recommendations

- Consider the overall market context (e.g., BTC movement).

- Avoid trading during extreme overbought conditions (RSI > 80) without confirming signals.

Conclusion: Today ADA/USDT shows strong growth, but due to overbought conditions, a correction is possible. The trading plan should be flexible, focusing on confirmation signals and strict risk management.

$ADA

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