1-day timeframe
📅 ADA/USD 1D Analysis: Seller Pressure ⚖️
ADA at $0.68 (-7.6% for the week) is below the 50-day EMA ($0.76). RSI (~40) and negative BBTrend signal a bearish sentiment. Trading volumes ($617.76M) are stable.
🔑 Key Levels:
Resistance: $0.81–$0.84 (resistance zone).
Support: $0.63 (recent low).
📈 Forecast: A hold above $0.73 may lead to a test of $0.84. A break below $0.63 confirms a bearish scenario with a target of $0.58.