By deeply analyzing for 12 hrs ADA/USDT:
- Price at 0.9222 above EMA(5) 0.9086 and EMA(10) 0.8749 shows strong bullish momentum.
- RSI(14) near 68 and StochRSI above 90 mean itโs extremely overbought, so a short-term pullback or consolidation is likely.
- MACD bullish with DIF (0.04) > DEA (0.0234) confirms upward trend.
Trade plan:
- Entry: Around EMA(10) at 0.8749 for safer buy.
- Take Profit (TP): ~0.9683 (about 5% above current).
- Stop Loss (SL): ~0.8312 (about 5% below EMA10).
So ADA looks bullish overall but be careful of a short-term dip due to overbought signals.
Lets do trade as per the above mentioned trade plan, i do hope you will be successful.
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