$ADA/USDT Technical Analysis Post:

📊 Cardano ($ADA) Technical Analysis:

1️⃣ Market Performance: The coin has risen by +5.31% in the past 24 hours, reflecting a strong buying movement in the market.

2️⃣ Technical Analysis Indicators:

• Bollinger Bands: The price is currently moving above the middle line of the band, indicating bullish momentum and the possibility of targeting the upper levels.

• RSI (6): At 86.58, it indicates that the coin has entered the overbought zone, which may lead to an imminent correction.

• MACD: It indicates bullish signals with a positive crossover that supports the continuation of the rise in the short term.

3️⃣ Most Important Levels:

• Strong Support: At $1.05

• Upcoming Resistance: At $1.32

🚀 Recommendation:

• Buy: In case of a drop to $1.18 levels.

• Sell: Gradual when the price approaches $1.32 levels or if there are signs of weakness.

✨ Constant monitoring of the market is essential to make sound decisions.

🎯 Stay informed and invest wisely!