Market Analysis of ADA/USDT – Confirmation of Uptrend and Trading Strategy

Technical Analysis:

Time Frame: 30 Minutes (M30)

Current Price: 0.7124 USDT

RSI Index: 61.29 – Entering the overbought zone, buying pressure is dominant.

MACD: The MACD line crosses above the Signal line, confirming a strong buy signal.

Volume Oscillator: -3.92% – Trading volume is improving.

Trade Results: Previous buy orders have been successfully executed, and the price has increased as predicted.

Analysis:

ADA/USDT has confirmed the uptrend as expected.

It is approaching the resistance zone of 0.7135–0.7150 USDT, with a possibility of a slight correction before continuing the uptrend.

Trading Strategy:

Take profit on buy positions around 0.7120–0.7150 USDT.

Wait to buy back in the support zone of 0.7000–0.7050 USDT.

Cut losses if it breaks below 0.6950 USDT.

Monitor RSI and MACD signals to confirm the next entry point.

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