📊 ADA Trading Recommendations

Current Price: $0.9104 💰

Technical Analysis 📈

1 Hour RSI: 41.04 (Oversold Area)

Daily RSI: 60.60 (Neutral to Strong)

Super Trend: Bullish Signal on Daily Chart ✅

Price Near the Middle Band of Bollinger Bands

Key Levels 🎯

Support Level: $0.9035 (Today's Low)

Resistance Level: $0.9416 (Today's High)

Daily Support: $0.8923

Trading Recommendations 💡

Short-term: Currently in an oversold state, consider light long positions in the $0.905-0.910 range

Stop Loss: $0.900

Target: $0.925-0.940

Medium-term: Daily trend remains upward, consider building positions in batches if it pulls back to the $0.89-0.90 range

Risk Warning ⚠️

Recent market volatility is high, be cautious with position sizes; it is recommended that a single trade does not exceed 20% of total capital

#ADA #MLP