ADA/USDT — Bullish Setup in Progress!
Current Price: $0.72
24H Gain: +1.08%
High/Low: $0.73 / $0.70
24H Volume: $0.47B
RSI (6): 66.45 — Approaching Overbought
Technical Overview:
• Strong bounce from $0.70 to $0.73 shows buying interest
• Currently consolidating above $0.72 with bullish structure intact
• Price is above MA(7) = $0.71 — supports uptrend
• Buyer dominance: 61.20%
Key Levels to Watch:
Resistance: $0.74 – $0.76
Support: $0.70 – $0.71
My View:
ADA is showing strength and forming an ascending triangle pattern.
If it breaks above $0.74 with volume, we may see a move toward $0.76 – $0.80.
Keep an eye on volume spikes and overall market sentiment for confirmation.
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