ADA/USDT – Technical Analysis (Daily Chart)
🔻 Trend: Strong decline and loss of short supports
💰 Current price: $0.7050 (-3.91%)
📈 High in 24h: $0.7339 | 📉 Low in 24h: $0.6821
📊 Volume 24h: 172.7M ADA | $121.58M USDT
📉 Technical Indicators:
EMA(7): $0.7375 (above the price)
EMA(25): $0.7442 (strong resistance)
EMA(99): $0.7356
RSI(6): 26.58 (oversold)
Volume: slightly increasing with selling pressure
💡 General Scenario:
ADA has lost all major moving averages and broke horizontal support, indicating potential for even greater decline in the coming weeks. The RSI is at an oversold level, which may generate short rebounds, but still without confirmation of reversal.
💸 Spot Strategy – Suggested DCA (accumulation with caution):
📍 DCA Range:
💰 $0.68 ~ $0.64
✅ Ideal only for those seeking strategic entry aiming for medium/long term
🟢 Swing Trade Long (Leverage x3–x5):
⚠️ Only with confirmed reversal candle!
🎯 Entry: $0.68 ~ $0.70 (if there is a reaction)
🎯 Target 1: $0.74 (EMA99)
🎯 Target 2: $0.78
⛔ Stop-loss: Below $0.64 (-5%)
🔴 Swing Trade Short (continuation of decline):
🚨 Confirmation: new strength candle below $0.68
🎯 Target 1: $0.64
🎯 Target 2: $0.60
⛔ Stop-loss: above $0.74 (EMA25)
⚠️ Final Alert:
ADA is under pressure with RSI in free fall. The moment is more favorable for quick trades with short stop or positioned entries with well-managed DCA.
There are still no signs of solid reversal — patience is key!
