Signal for $ADA
- Conditional bearish
🎯 entry: 0.6334 (boll up resistance)
🎯 tp1: 0.6249 (boll dn support)
🎯 tp2: 0.6204 (intermediate support)
💥 sl: 0.6370 (above key resistance)
📑 ratio: 1:2.5
Technical Analysis
- current price: 0.6277 (+1.64%)
- 24h range: 0.6010 to 0.6408 (high volatility)
- bollinger: price near upper band (0.6334), mb at 0.6291 (possible rejection)
- macd: -0.0006 < dea 0.0011 (weak bearish crossover)
- volume: 329k (very low vs ma5 881k) - lack of buyer interest
Key Levels
- Resistance 1: 0.6334 (boll up)
- Resistance 2: 0.6408 (24h high)
- Support 1: 0.6249 (boll dn)
- Support 2: 0.5976 (strong support)
Possible Scenarios
- If it rejects 0.6334: drop towards 0.6249-0.6204
- If it breaks 0.6370 (sl): possible rally to 0.6408-0.6432
- Sideways between 0.6249-0.6334 without clear volume
Recommendations
🛑 SL mandatory at 0.6370 to avoid false breakouts
📊 take profits at tp1 (70%) and tp2 (30%)
👀 confirm rsi < 70 to avoid overbought
⚠️ monitor btc and cardano news