📉 Overall technical rating (1D interval):

✅ Price:

0.5921 USDC

  • Approaching the lower Bollinger Band (0.5954) – often a signal of an upcoming rebound.

  • The lowest price in recent months is 0.5039, so there is still room for a drop.

✅ RSI (trend strength):

  • RSI(6): 20.88 🔻

  • RSI(12): 30.19 🔻

  • RSI(24): 38.62

    ➡️ RSI(6) below 30 – oversold, potential signal of an upcoming rebound. But it could go lower, as in January.

✅ Trend and volume:

  • Price has dropped from the local peak (1.17) in March.

  • Moving averages MA(5) and MA(10) are above the price – the trend is still downward.

  • Volume is low – lack of interest from major players.

📌 What to do?

🟡 If you already own $ADA :

  • If you bought above 0.70 or 1.00 – don't sell in panic.

    RSI and price at the lower Bollinger suggest that a rebound may occur.

  • Set a stop loss around 0.58–0.56 to limit losses if the market does break down.

  • The potential rebound point is 0.57–0.59 – watch the market's reaction.

🟢 If you are considering a purchase:

  • This may be a good time to enter in several installments (DCA) – not with all your capital.

  • RSI oversold, price low – chance for a local rebound to 0.65–0.68.

  • Good plan: buy 30% now, another 30% if it drops to 0.55, the rest only after a breakout signal above MA(10).

🎯 Levels to watch:

  • Support: 0.58 / 0.5039 (previous low)

  • Resistance: 0.66 / 0.728 (middle and upper Bollinger Band)