$ADA $ADA
Here are the key areas to watch on this ADA/USDT daily (1D) chart:
Supports:
- 0.6224: current zone, short-term support to watch (risk of break)
- 0.5711: next technical support
- 0.5110: significant low from April 6, major support
- 0.4933: last line of defense in case of prolonged drop
Resistances:
- 0.6851: EMA 20 (pink line) — acts as dynamic resistance
- 0.7265: previous intermediate peak
- 0.8042 – 0.8643: strong resistance zone, local peak
Key: the break or rebound at 0.6224 will set the tone for what’s next. A recovery above the EMA 20 would be the first signal of a reversal.