$ADA /USDT — Bounce in Progress, But Facing Overhead Pressure

1️⃣ Mini Rebound Underway:

ADA has bounced from its June lows and reclaimed the 7-day MA. The price is currently testing the 25-day MA near $0.61, a crucial short-term resistance.

2️⃣ Support Levels:

$0.571 → Short-term support (MA 7)

$0.550 → Recent swing low

$0.500 → Psychological round-level support

3️⃣ Resistance Levels:

$0.615 → MA 25 & near-term resistance

$0.675–$0.680 → 99-day MA (major resistance zone)

$0.800+ → April consolidation zone

ADA needs a clean breakout above the $0.615–$0.680 region to flip the mid-term structure bullish. Otherwise, the rally risks fading into another lower high.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!