Struggle between long and short at the resistance level, with news and technicals attacking from both sides. Can ADA break through?

News: Good news comes frequently, but we need to be wary of expectations being realized.
Recently, the Cardano ecosystem has been very active; following the Vasil upgrade, the efficiency of smart contracts has improved, and several DeFi projects have announced their presence, with the number of active addresses on-chain increasing by 15%. Additionally, rumors of African governments cooperating to promote blockchain identity verification have resurfaced, adding real-world stories for ADA. However, the market's reaction to good news is gradually weakening—previous major events, such as the mainnet launch, have shown 'buy the expectation, sell the fact' pressure, so we need to be cautious of history repeating itself.

Technical: Top divergence alarm sounds, the 0.5 dollar mark becomes a lifeline.
The 4-hour chart shows three major danger signals:

1 Dollar High Pressure Zone: Three attempts to rise failed, forming a three black crows pattern. MACD Top Divergence: Price approaches the previous high of 0.86, but the MACD momentum bars have shrunk by 30%. Bollinger Bands Contraction: Volatility hits a new monthly low, and the window for a trend change is approaching.

Current price at 0.75 is in an awkward position—above, the 1 dollar level needs to break through three layers of selling pressure, while below, the 0.5 dollar level has strong support for half a year. If it breaks down with volume below the 0.7 mark, it may trigger a chain reaction; conversely, if it breaks through the previous high of 0.86 with volume, it is expected to open up upward space.

Operation Summary: Better to miss out than to make a mistake.

Holders: Reduce positions by 30% at current price, take profit in batches above 0.8. Observers: Stop loss and short if it breaks below 0.7; if it stabilizes above 0.86, enter with light positions. Long-term investors: Place orders to accumulate in the 0.5-0.6 range, stop loss set at 0.48.

The main force has laid a net at the key position; tonight’s CPI data may become the catalyst for a breakthrough! Pay attention to Big G; the next issue will analyze the life-and-death battle of longs and shorts! I will guide you to layout the entire bull market.