1-Hour Timeframe
📊 ADA/USD 1H Analysis: Testing Support ⚡
Current ADA Price: ~$0.68. On the 1-hour chart, ADA is consolidating around $0.67–$0.69. RSI (~43.5) indicates a neutral-bearish sentiment, while the Parabolic SAR shows a bullish signal above $0.67.
🔑 Key Levels:
Resistance: $0.70 (50-Hour SMA).
Support: $0.66 (200-Hour EMA).
📈 Forecast: If ADA holds $0.66, a bounce to $0.70–$0.72 is possible. A break below $0.66 may lead to a test of $0.64.