From the chart, ADA/USDT is experiencing a significant upward move with a 20.64% gain in the past 24 hours. Key indicators suggest the following:
RSI: At 87.08, it's in the overbought zone, signaling potential exhaustion.
Volume: High trading volume supports the price rally, indicating strong interest.
Price Action: The breakout past $0.90 confirms bullish momentum, but resistance around $1.00–$1.05 could challenge further gains.
Prediction:
Bullish Scenario: If volume sustains, the next target could be $1.05 or higher.
Bearish Scenario: A correction might follow due to the overbought RSI, with support near $0.80–$0.85