Technical Analysis: ADA/USDT (1D)
Date: May 19, 2025
Current Price: $0.7312
24h Variation: -4.21%
Technical Indicators:
EMA(7): $0.7581 (above the price – signal of selling pressure)
EMA(25): $0.7383 (also above – short-term trend weakened)
EMA(99): $0.7315 (long-term support being tested)
RSI(6): 38.02 – close to the oversold zone
Volume: Slightly decreasing – signal of indecision or seller exhaustion
Buy for Spot / Swing Trade:
Ideal Entry: Between $0.71 and $0.73
Target (Take Profit): Between $0.78 and $0.80
Stop Loss: About 5% below the entry (around $0.695)
Personal Tip:
ADA is testing the EMA(99) support, which may indicate a reversal zone. With RSI close to oversold, I am watching for a possible bullish confirmation candle and entry into the swing.
Disclaimer:
This content is for educational purposes only and does not constitute financial advice. Always do your own research and use good risk management.
