$ADA ADA/USDC analysis:
1. Recent trend (4h):
The price has dropped from 1.1773 to 0.9982, showing strong selling pressure.
Resistances: 1.1553 and 1.1773.
Support: 0.9417.
2. Indicators:
Moving average: The price is below, indicating a bearish trend.
Volatility: High, which may cause sharp movements.
3. Volume:
24h: ADA (62.62M) and USDC (66.72M). The bearish pressure (-8.15%) predominates.
4. Market sentiment (AVL):
Despite the drop, the 30-day growth (+187.53%) shows medium-term bullish potential.
5. Order book:
63.84% sales versus 36.16% purchases, reinforcing the bearish pressure.
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Strategies:
1. Short term:
Possible drop towards 0.9417 if selling pressure persists. Likely rebound if this support holds.
2. Medium term:
Potential recovery if buying volume exceeds key resistances (1.15-1.18).