$ADA

Technical Overview

• Current Price: 0.7913 USDT (-2.02% 24h)

• MA(7): 0.7707 → Short-term support zone.

• MA(25): 0.7928 → Price is testing this resistance area.

• MA(99): 0.7059 → Long-term bullish trend intact as price is above this level.

• 24h High / Low: 0.8344 / 0.7844

• Volume: Healthy, with recent buying spikes after a correction.

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Chart Insights

1. Recent Trend:

• ADA had a strong rally to 0.9373, followed by a pullback to around 0.69 support.

• Now attempting a recovery but facing short-term resistance at MA(25) and 0.80 zone.

2. Support & Resistance Levels:

• Immediate Support: 0.7700 (MA7 & previous consolidation zone)

• Major Support: 0.7050 (MA99)

• Immediate Resistance: 0.8000 – 0.8340

• Major Resistance: 0.9370 (recent high)

3. Volume Analysis:

• Recent green volume bars indicate buying interest after the correction.

• However, lower than peak rally volume → suggesting cautious buyers.

4. Momentum & Trend Shift:

• If ADA breaks & sustains above 0.80 with good volume, a bullish continuation toward 0.87–0.90 is likely.

• Failure to hold above 0.77 could send it back toward 0.74–0.71.

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Trade Alert

Bullish Setup (if breakout above 0.80):

• Entry: 0.8020–0.8100

• Target 1: 0.8340

• Target 2: 0.87–0.90

• Stop-loss: 0.7720

Bearish Setup (if rejection at 0.80 & drop below 0.77):

• Target 1: 0.7400

• Target 2: 0.7050

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📊 Summary: ADA is in a recovery phase but at a key resistance zone. Breakout above 0.80 could confirm bullish continuation; rejection could trigger another dip. Watch for volume confirmation before entering.