📊 $ADA Brief Technical Analysis — Bulls in Control and $1 on the Horizon 🚀📈
- Current Price: 0.9270 USDT
- Momentum: Very Strong, RSI at 92 → Overbought
- MACD: Confirmed Buy Signal
- Bollinger Bands: Price above the upper band → Clear Breakout
📈 Futures:
- OI at $1.43 billion → High Institutional Interest
- Short Position Liquidations 2.4M → Additional Buying Pressure
- Long/Short Ratio = 1.015 → Most Traders in Long Position
📌 Technical Levels:
- Resistance: 0.9305 → Breaking it opens the path to 1.00
- Support: 0.88 then 0.83
- Targets: 1.00 then 1.15 if momentum continues
⚠️ Alert: RSI is Very High → Potential Temporary Correction Before Continuing Upward
📢 Follow Channel #CryptoEmad for Real-Time Analyses and Trading Ideas 🔥💬
