$ADA The ADA/USDT pair has seen significant volatility over the past few weeks. After a period of consolidation around the $0.42 range, a breakout led to a quick spike near $0.49 before retracing back. This price action indicates that bulls are attempting to take control, but the resistance level is proving tough to crack. I am currently watching the 50-day moving average closely, which could act as dynamic support. If ADA breaks above the recent high with good volume, I may consider a short-term long position. If it dips below $0.40, a short might be safer. Always use stop-loss wisely.
$ADA