$ADA update Trade Analysis (ADA/USDT - Binance, 5m Chart)
Current Price: 0.6853 USDT
24h Low: 0.6816 USDT
RSI(6): 18.29 (Oversold)
Entry Decision:
Oversold RSI: RSI below 20 suggests a possible short-term bounce.
MACD Bearish: Selling momentum still strong, but weakening.
Price at Support: Near 24h low (0.6816 USDT), risk of bounce or further drop.
Possible Trades:
Long Entry: 0.6820 - 0.6850 USDT (If bullish signs appear)
Short Entry: Only if breakdown below 0.6810
Stop-Loss: Long: 0.6780 | Short: 0.6880
Verdict: Wait for confirmation before entering!
