1. Summary

$ADA Short-term bias neutral → leaning bullish when confirmed (prefer probe above breakout or buy reaction at support).

• Current price ~ 0.8841 USDT; RSI(6) ~ 59 (slightly warm, not overbought yet).

• Factors to monitor: follow-through volume and holding the support area at 0.8371.

2. Analysis

The 1H frame shows a recovery structure after the dip, clear support at 0.8371 and immediate resistance around 0.895–0.90, larger supply zone ~0.987–0.99; RSI ~59 and volume currently at average levels → needs breakout with increased volume to confirm continuation. In terms of sentiment, the market appears cautious but shows signs of buying back; on-chain/large strategies will reinforce momentum if there is inflow.

3. Strategy

  • Entry: Buy probe if 1H closes > 0.8950–0.9000 (confirm resistance break) — or buy reaction if clear wick-rejection is seen at 0.837–0.840 with increased volume.

  • Stop-loss: SL = 0.8250 (clearly below support 0.8371 to avoid false wick).

  • TP1/TP2: TP1 = 0.95 (near supply/resistance area), TP2 = 0.98–0.99 (target retest previous high if momentum is strong).

  • Exit triggers: exit early if large inflow into CEX appears, strong negative news, whale sell spike, or if price breaks down and does not hold above 0.8371 after retest.