Category: Layer 1
Current Price: $0.7676 (▼ -5.86%)
24H Range:
High: $0.8290
Low: $0.7592
24H Volume:
$ADA : 129.18M
USDT: $102.57M
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Technical Overview – Key Levels
Resistance Zones: $0.7860 / $0.8120
Support Zones: $0.7590 / $0.7280
Fibonacci Retracement (From $0.7592 to $0.8290):
38.2% – $0.8017
50% – $0.7941
61.8% – $0.7865
ATR (14-Day): $0.044
Expected Swing Range: $0.73 – $0.81
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Market Sentiment
Bullish Case:
A rebound from $0.7590 and reclaim of $0.786 may trigger a short-term rally.
Increased volume near $0.7700 could open the door to retest $0.8120.
Bearish Case:
Losing the $0.7590 support might drive $ADA down to $0.7280.
Rejection from $0.7860 on low volume indicates further downside risk.
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Trading Strategy – Leaning Bearish
Spot Strategy:
Buy Zone: $0.7590 – $0.7680
Targets: $0.786 / $0.812
Stop-Loss: $0.728
Futures Strategy:
Long Entry: $0.765 | Targets: $0.786 / $0.812 | Stop: $0.751
Short Entry: $0.786 | Targets: $0.759 / $0.728 | Stop: $0.795
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Risk Notes & Technical Indicator
Critical Support: $0.7590 – breach could return $ADA to early-May lows.
VWAP Insight: Currently at $0.7920 – ADA trading well below this line suggests prevailing selling pressure. Bulls need a close above VWAP to regain strength.
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Summary:
#ADA is under pressure below the $0.78 level. The $0.7590 support is crucial—losing it could intensify the downtrend. Bulls need strong momentum to reverse the tide.
Final Question:
Will #ADA reclaim $0.786 to challenge $0.812, or is a breakdown toward $0.728 the more likely path?
