📊 Technical Analysis of #ADA / $ADA
🟢 Current Trend: Bullish
• A strong impulse is observed from $0.5361 to $0.5996, representing an increase of almost 12% in a few candles.
• Currently, the price is in sideways consolidation near the local maximum (zone of $0.5930 to $0.5990).
🔍 Key Zones to Watch:
1. Strong Resistance:
• 🔺 $0.5990 – $0.6000
Psychological level and last maximum. If broken with volume, it could seek new highs.
2. Important Supports:
• 🔹 $0.5888 – $0.5900: immediate support of the current sideways range.
• 🔹 $0.5748: relevant support after the last breakout.
• 🔹 $0.5609: previous consolidation area, now strong support.
📈 MACD:
• Positive crossover (yellow line above the blue).
• Histograms in decreasing green → possible weakness in current momentum.
🟡 Moving Averages (MA/EMA):
• The price is above the average, confirming bullish strength in the short term.
• The current candle shows indecision: possible pullback or consolidation before another impulse.