$ADA
Point Analysis:
1. Key Support Levels:
• First Support Level: $0.860
• Second Support Level: $0.830
• Third Support Level: $0.762
2. Key Resistance Levels:
• First Resistance Level: $0.900
• Second Resistance Level: $0.915
• Third Resistance Level: $0.950
Market Direction Prediction:
From the 4-hour chart, ADA's current price of $0.875 is in a short-term consolidation range, with the 7-day moving average (MA7) and the 25-day moving average (MA25) intertwined, indicating unclear short-term direction. The MACD indicator is near the zero line, and trading volume is relatively low, suggesting heavy market caution. If the price effectively breaks through the $0.900 resistance, it may open up further rebound space, but losing $0.860 will accelerate the downward trend.
Short-term advice is to remain cautious and wait for the price to break through key ranges before choosing a direction.
Strategy Suggestions:
• Long Position Strategy: Test light positions in the $0.860-$0.870 range, stop loss at $0.850, target at $0.900/$0.915/$0.950.
• Short Position Strategy: If the price breaks below $0.860, consider following the trend to short, stop loss at $0.870, target at $0.830/$0.762.
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