$ADA is currently experiencing a strong upward move against USDT, with a notable 13.53% gain in the past 24 hours. The price is sitting near its daily high of 0.8876 USDT, which shows strong buying pressure. The short-term moving average (MA 7) being above the medium- and long-term averages (MA 25 and MA 99) reflects bullish momentum and could signal a continuation if the upward trend holds.
The trading volume is also quite substantial at 345.94M ADA, confirming that the rally is supported by strong market participation rather than just low-liquidity spikes. However, since ADA is already near its 24-hour peak, traders may watch for either a breakout above 0.8880 USDT for further upside or a short-term pullback toward the MA 7 support zone around 0.8610 USDT.
