📊 Technical Analysis – $ADA /USDT (1H) #AltcoinSeasonLoading

🔹 1. General trend

• The price is in a consolidation phase after a bullish impulse from 0.6882 to 0.7684.

• Currently, it is trading at 0.7392, above the EMA99 (0.7229), indicating active dynamic support.

• In the short term, the trend remains slightly bullish but with a loss of strength.

🔹 2. Moving averages (EMAs)

• EMA 7: 0.7402 → Price just below, suggesting bearish pressure in the very short term.

• EMA 25: 0.7355 → Price slightly above, indicating possible nearby support.

• EMA 99: 0.7229 → Key dynamic support. As long as it does not break, the underlying bullish structure remains intact.

🔹 3. Key levels

• Strong support: 0.7109 (24h low) and 0.7229 (EMA99)

• Immediate resistance: 0.7498 – 0.7511 (area where the price has reacted recently)

• Major resistance: 0.7684 (recent high and profit-taking level)

🔹 4. Technical indicators

📈 MACD:

• MACD line and signal above 0 but with flat histograms → weak momentum, no clear current direction.

📊 Volume:

• Decreasing volume in the last candles → lack of conviction in the current movement, possible pause or pullback.

📉 RSI (6, 12, 24):

• RSI(6): 51.21

• RSI(12): 52.57

• RSI(24): 51.81

👉 All are in neutral territory, indicating that neither buyers nor sellers have clear control right now.

🔹 5. Candle structure

• Recent candle with rejection at the upper end → selling pressure as it approaches 0.749x.

• The last 3 candles have marked upper wicks, suggesting a possible retracement on the way.

✅ Conclusion of the analysis

• ADA is in a balance zone but still respects its overall bullish structure.

• It is wise to wait for a retracement towards the 0.727 – 0.732 area before considering long entries.

• If it breaks 0.749 – 0.751 with strength and volume, it opens the door to a new impulse towards 0.76 – 0.78.