๐ Technical Analysis - ADA/USDT (Daily Chart):
Current Price:
Traded at $0.5568, down -1.75% in the last 24 hours.
๐ Exponential Moving Averages (EMAs):
โ 7-period EMA (yellow): $0.5658
(Price slightly below the short EMA, indicating selling pressure in the short term.)
โ 25-period EMA (pink): $0.6098
(Price well below the intermediate EMA, pointing to a bearish trend in the short/medium term.)
โ 99-period EMA (purple): $0.6822
(Price significantly below the longest average, reinforcing the current bearish scenario.)
The configuration of the EMAs clearly suggests a bearish pressure scenario at the moment.
๐ RSI (Relative Strength Index):
Current RSI value: 35.66
RSI below 50 indicates seller dominance. It is approaching the oversold region (below 30), which could create a brief recovery opportunity, consolidating sideways before any significant recovery.
๐ Volume Analysis:
Recent volume has been gradually decreasing, indicating caution among traders. A positive reversal would require a significant increase in buying volume to confirm a more solid bullish movement.
๐ฏ Important Points to Monitor:
Immediate resistance: between $0.5650~$0.5700 (7-period EMA). Breaking with good volume, initial target at the 25 EMA (~$0.61).
Immediate support: Recent lows between $0.51~$0.53, an important area for potential buys.
๐ธ๐ธ Suggested DCA Strategy (40-30-30):
โ 1st investment (40%):
๐ธ Current price (~$0.5568)
Immediate initial entry to start your position in ADA.
โ 2nd investment (30%):
๐ธ Intermediate support around $0.52~$0.53
Interesting level to reduce the average price taking advantage of normal retracements.
โ 3rd investment (30%):
๐ธ Deeper strategic support near the psychological level of $0.50
Ideal entry in case of a stronger correction, maximizing future profits.
๐จ Disclaimer:
Content is exclusively educational, NOT a financial recommendation.
