ADA currency under pressure... Will we see a collapse or a rebound of greed? 💰🤔
🔎 On the ADA/USDT chart, it clearly shows:
💧 The price at $0.836 is below all moving averages (EMA7-25-99) = strong selling pressure.
💧 RSI indicator ≈ 20 → Oversold condition may hint at a rebound, but the trend is still downward.
⚡️ Resistances: 0.87–0.92 then 1.02.
⚡️ Supports: 0.75 then 0.684 (key for the upcoming trend).
⚔️ Scenarios:
1. Short-term rebound towards 0.90–0.95 🎯 (high risk).
2. Continued decline towards 0.75 then 0.684 🚨.
3. A real upward signal only upon a strong close above 0.92–0.95 ✅.
📌 My opinion as an analyst: Neutral or selling on the rebound is currently the safest option... Buying now is pure adventure unless with a very small size and strict stop loss.
👉 In your opinion, will greed push ADA to rebound... or will fear continue the decline? 👇
#ADA #ADABullish #ADA/BNB #AdamBack #FamilyOfficeCrypto $ADA $BTC