#ADA

📊 ADA Strategy Analysis

Current Price: $0.8556 💰

Technical Analysis 📈

1 Hour RSI: 46.03, in a neutral to weak area

Daily RSI: 50.61, remains neutral

Super Trend Indicator: 1 Hour shows bearish signal, Daily shows bullish signal

MACD: Both 1 Hour and Daily show weak momentum

Key Price Levels 🎯

Support Level: $0.853 (close to testing)

Resistance Level: $0.8764 (today's high)

Daily Resistance: $0.8935

Strategy Suggestions ⚡

Short-term: Current price is close to support, suggest to hold. If it breaks below $0.853, target $0.8381

Medium-term: Wait for a breakout above $0.8764 before considering going long, target $0.89-0.90 range

Risk Warning ⚠️

Trading volume is relatively low, market sentiment is cautious. Suggest light positions, strict stop-loss.

#MLP