🔻 $ADA /USDT – Weak Bounce Amid Downtrend Pressure
$ADA is trading at $0.7574, down 7.97% over the past 24 hours. It’s hovering just above the lower Bollinger Band, with slight bullish MACD divergence—suggesting a weak bounce attempt in an overall bearish context.
📊 Market Overview
Current Price: $0.7574
24h High / Low: $0.8249 / $0.7429
24h Volume:
ADA: 184.34M
USDT: $142.42M
📈 Technical Indicators
Bollinger Bands (20, 2)
Upper: $0.7861
Middle: $0.7635
Lower: $0.7408
→ Price nearing the lower band, oversold territory
MACD
DIF: -0.0091
DEA: -0.0101
MACD: +0.0011
→ Slight bullish divergence; potential for short-term bounce
📉 ADA Trade Setups
🔸 Bullish Bounce Setup
Entry: $0.74–$0.76
Targets: $0.79, $0.82
Stop-Loss: $0.728
🔸 Bearish Continuation Setup
Entry: Below $0.74
Targets: $0.71, $0.68
Stop-Loss: $0.765
⚙️ Market Analysis
ADA is trending downward after a local high at $0.8249
Sitting just above key support at $0.7408 (Bollinger Band lower bound)
MACD divergence hints at bounce potential, but volume and momentum remain weak
Bulls need to clear $0.79 to reclaim strength
Will ADA break down below $0.74 or bounce back toward $0.82?
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