【Bottom Buying ADA】$0.82 Golden Pit! RSI falls below 8, countdown for shorts liquidation, don't miss it for a year!
Summary: ADA is rarely oversold at 5% below the 'value anchor' of $0.92, with RSI at only 7.8. Short covering + buy orders are lurking, and a 10% violent rebound may be on the horizon in the short term.
Key Interval Structure
1. Value Anchoring Zone: POC $0.921, with a trading volume of 1.06 billion USDT over the past two weeks, essential for both bulls and bears.
2. High Trading Volume Zone:
• HVN1 $0.900–$0.904 (740M)
• HVN2 $0.916–$0.921 (1.04B)
Price testing this area is likely to trigger a bullish counterattack.
3. Low Trading Volume Gap: LVN $0.837–$0.841 (83M) and $0.685–$0.694 (84M), a fast crossing zone.
4. 70% Trading Volume Coverage Zone: $0.724–$0.993, with the current price of $0.849 located at the lower bound of the interval at 19%, on the edge of being oversold.
5. Momentum Confirmation:
• $0.82–$0.85 Up Volume 61%, slightly buyer-dominated.
• Down Volume 53% above POC, selling pressure still exists, needs a volume breakout for confirmation.
Auxiliary Indicators
• Bollinger Bands: Price is touching the lower band, deviating -6% from MA200, too deep a deviation.
• Open Interest: OI 24h -0.4%, funding rate -0.000049, slightly favoring shorts, conditions for a short squeeze exist.
• Order Book: Close-range sell orders are numerous, but there is a cumulative buy-side liquidity of 2.3 million USDT at $0.82–$0.84, forming invisible support.
Market Cycle
In the final stage of a medium-term downward consolidation, short-term oversold rebound window. If $0.82 is lost, it may test LVN $0.685.
Trading Strategies
Aggressive: Buy directly at the current price of $0.849, stop loss at $0.818 (below HVN), target $0.900 (HVN1), risk-reward ratio approximately 1.9.
Conservative: Wait for a pullback to LVN $0.837–$0.841, enter again when a Pin-bar appears and Up Volume > 60%, stop loss at $0.830, target $0.921 (POC), risk-reward ratio approximately 2.4.
Cautious: Break and stabilize above $0.900 with volume, buy on a pullback to $0.896, stop loss at $0.885, target $0.950, risk-reward ratio approximately 2.1.
Risk Control: If the daily closing price falls below $0.818 or Up Volume falls below 40%, the strategy is invalid.
LP Market Making Suggestions
It is recommended to place two-way limit orders for market making in the $0.82–$0.90 range, with a range width of approximately 9.8%, covering the current main HVN and LVN, capturing rebound and retracement volatility, with fee income combined with price difference.
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