$ADA

Here’s a quick analysis and trade plan for ADA/USDT based on the 1-hour chart:

🔍 Technical Analysis Summary

Current Price: $0.8470

24h Range: $0.8141 – $0.8559

RSI (6): 67.5 → Nearing overbought zone

MACD: Bullish crossover (positive momentum building)

MA Levels:

MA(7): $0.8407 (short-term trend support)

MA(25): $0.8296

MA(99): $0.8171

Volume: Rising bullish volume confirms momentum.

📈 Trade Plan:

✅ For Long (Buy) Position:

Entry Zone: $0.8390–$0.8450 (wait for slight dip or bullish confirmation candle)

Target 1: $0.8550 (recent high)

Target 2: $0.8650 (next psychological + possible resistance)

Stop Loss: $0.8280 (below MA25 and previous support)

📉 For Short (Sell) Scalp (If rejection at top):

Entry Zone: $0.8550–$0.8500 (if rejection confirmed at resistance)

Target 1: $0.8390

Target 2: $0.8290

Stop Loss: $0.8600

⚠️ Notes:

RSI approaching 70 suggests a pullback may be coming soon.

Watch for volume drops or bearish candles at resistance ($0.8550) for a short.

If price consolidates above $0.8500, breakout to higher levels likely.