📊 ADA/USDT Price Movement Analysis
1. General Trend
The current trend is strongly bullish with a clear price momentum.
The price has broken through important resistance levels and reached a daily high of 1.0193.
It is trading above all moving averages (MA7 – MA25 – MA99) by a large margin, reflecting strong buying momentum.
2. Support and Resistance
First Support: 0.8665 → Any drop towards this level may attract buyers again.
Second Support: 0.8207 → A strong support level for accumulating trades.
First Resistance: 0.9327 → If broken, we may see a retest of the high at 1.0193.
Key Resistance: 1.0193 → An important psychological level, breaking it with a close could open the way towards 1.05.
3. Technical Indicators
RSI/Stoch in overbought areas (above 70) → A short correction is possible before continuing the rise.
Trading volume is very high and supports the upward trend.
Short-term moving average lines are diverging from long-term ones → Strong momentum but there's a risk of a corrective pullback.
4. Possible Scenarios
🔼 Bullish Scenario
If the price stabilizes above 0.93 with strong trading volume, targets could be 1.0193 then 1.05.
🔻 Bearish Scenario (Correction)
A drop towards 0.87–0.82 to retest supports before attempting a new rise.
5. Short-term Trading Recommendation
> Potential Buy Point: 0.87–0.88 in case of a correction.
Profit-taking Sell Point: Near 1.0193 or in case of a strong reversal candle.
Stop Loss: Breaking 0.82 with a clear close.
