$ADA ☎️Free VIP Signal☎️
📉 ADA/USDT Analysis - 4 Hour Frame
🎯 Current Price: 0.5413
🔻 24 Hour Drop: -5.89%
🔍 Technical Overview:
The price broke an important support level at 0.5630 and continued to drop towards the lower Bollinger Band, indicating strong selling pressure.
The RSI indicator is at 38, suggesting that the coin is nearing the oversold area, with a possibility of a short-term rebound.
The 200 Moving Average (MA 200) still acts as dynamic resistance, confirming the current downtrend.
The MACD indicator reinforces the negative momentum with a clear decline and the loss of a previous positive crossover.
📌 Recommendations:
🔴 Short Trade (Sell):
✅️ Entry: 0.5440
🎯 First Target: 0.5300
🎯 Second Target: 0.5150
Stop Loss: 0.5550
🟢 Long Trade (Short Speculative Buy):
Entry: 0.5350 (upon rebound from support)
🎯 Target: 0.5520
Stop Loss: 0.5280
⚠️ Important Note:
If the level of 0.5300 is broken with a strong 4-hour candle, we may witness a continuation of the drop towards the 0.50 area and then 0.4850.
✍️ Signature: DR-CryptoLB