📢 Technical Analysis of $ADA – 4-Hour Frame

🔸 The price is trading above the 50 and 200 moving averages with a clear breakout of the Ichimoku cloud, which supports the upward trend.

🔸 The RSI indicator is at 70, indicating overbought conditions that may be followed by a slight correction.

📌 Trade Type: Spot / Spot

🎯 Positive Scenario:

– Breaking the level of 0.881 and holding above it

– Targets: 0.90 – 0.93 – 0.95

❌ Negative Scenario:

– Breaking the level of 0.814 with a candle close

– Targets: 0.79 – 0.762

📌 Note: It is preferable to wait for a candle close and confirmation before entering.

⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.#BNBBreaksATH