4-Hour Time Frame (4H)

• Current Price: 0.3859 USDT

• Resistance Levels:

  • 0.4216 USDT (8.94% from current price)

  • 0.4485 USDT (15.89% from current price)

  • 0.4830 USDT (24.81% from current price)

• Support Levels:

  • 0.3557 USDT (-8.09% from current price)

  • 0.3211 USDT (-17.05% from current price)

Analysis:

• Bullish Scenario:

  • If ADA breaks above the 0.4216 resistance, it could move towards the next resistance at 0.4485, followed by 0.4830. A strong breakout with high volume would confirm bullish momentum.

• Bearish Scenario:

  • A breakdown below 0.3859 could lead to a decline toward the support level at 0.3557. If this support fails, the price might test the 0.3211 support zone.

1-Hour Time Frame (1H)

• Key Observations:

  • On the 1H time frame, the price appears to be consolidating. Look for signs of a breakout above 0.3859 or a breakdown below it to confirm the next direction.

  • Potential short-term pullbacks to the support at 0.3557 could provide buying opportunities if the price bounces back.

Daily Time Frame (1D)

• Key Observations:

  • The daily time frame helps to identify the broader trend. If ADA continues to stay above the current price level of 0.3859, it could indicate a continuation of the upward trend.

  • A daily close above 0.4216 would strengthen the bullish case, potentially leading to a test of higher resistance levels at 0.4485 and 0.4830.

Summary:

• Short-term (1H): Monitor for a breakout or breakdown around the 0.3859 level.

• Mid-term (4H): A break above 0.4216 could lead to a test of 0.4485.

• Long-term (1D): A daily close above 0.4216 could signal a strong bullish trend continuation.

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