📉 Technical Analysis – ADA/USDT (1H)
🧾 General Context
Cardano (ADA) is operating in a downward trend in the short term, pressured below the Ichimoku cloud and important volume zones. The asset is testing immediate support, with indicators suggesting possible selling exhaustion — but without confirmation of a reversal yet.
🔍 Technical Indicators
🔸 Ichimoku Cloud
Price below the cloud, with Senkou Span A and B pointing downwards — dominant bearish bias.
Kijun Line (red) is above the price, reinforcing immediate resistance.
🔸 Bollinger Bands
Price near the lower band, suggesting strong selling pressure, but in a possible exhaustion zone.
🔸 Stochastic RSI
Oscillator in oversold zone (12.41 / 24.59).
Possible upward crossover, but still without defined momentum — suggests caution for a possible short-term reaction.
🔸 MACD
MACD and signal below zero, with negative histogram.
Lines are losing downward inclination, which could be a precursor to reversal if confirmed.
🧱 Important Levels
Supports
$0.7745 (immediate support)
$0.7554 (stronger support due to structure and volume)
Resistances
$0.7869 (Tenkan line / dynamic resistance)
$0.7914 (VPVR control point)
$0.8083 (top of the Bollinger band)
⚠️ Strategic Scenario
Bearish bias in the short term, with ADA testing immediate support.
If it loses $0.7745 with volume, the next target would be $0.7554.
If there is a reaction with volume entry, ADA may try to break $0.7869 and aim for $0.7914 again.
✅ Final Summary
Cardano is in a decision zone, testing support and with indicators signaling possible exhaustion of selling pressure. However, still without clear confirmation of reversal. The loss of $0.7745 may accelerate declines, while a recovery above $0.7869 may open up space for an increase up to $0.80+. #ADA