$ADA
USDT – Market Overview & Technical Analysis
Technical Indicators & Market Structure:
1. Trend: ADA is in a strong uptrend, testing $0.7575 resistance.
2. Moving Averages:
50 EMA (4H): $0.7350 (short-term support)
200 EMA (4H): $0.7100 (major support)
3. RSI: 69 (Approaching overbought, potential consolidation)
4. Volume: High buying pressure, but resistance near $0.7575 - $0.7700 is crucial.