📊 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.