Analysis of $ADA (1H) - Probable direction: 🔻 DOWN

1. Technical analysis

✅ Overall bearish trend

• The price is below the central moving average of the Bollinger Bands (MA: 0.7086), a sign of a still weak market.

• The bounce attempt was rejected below 0.7182, indicating selling pressure.

✅ Bollinger Bands are widened

• The price touched the lower band (0.6894), which triggered a bounce.

• But the upper band is pointing downwards, indicating that the trend remains bearish.

✅ RSI and Stochastic show a limited bounce

• RSI(6): 60.95, RSI(12): 48.46, RSI(24): 45.36 → Slight bounce, but still below 50 in the overall trend.

• Stochastic K: 70, D: 59 → Possible imminent overbought on smaller time frames.

2. Fundamental factors & global context

• Geopolitical tensions (Yemen) → Possible strengthening of the dollar (DXY)

• Retail Sales to watch (if the number is positive, the dollar rises, crypto falls)

Conclusion: SHORT

📉 ADA has bounced but remains under selling pressure.

📉 Strong probability of a rejection and a new decline towards 0.6900 or lower.

🔻 I favor the decline (DOWN).

You can monitor 0.6900 as the first target, and adjust based on DXY and BTC.