$ADA

$ADA

đŸ‘ïžâ€đŸ—šïžADA/USDT Market Analysis🏆


Market Overview:

  • Current Price: $0.9038 (+14.93%)

  • 24h High: $0.9318

  • 24h Low: $0.7700

  • 24h Volume:

    • ADA: 750.19M

    • USDT: 644.39M


Key Moving Averages:

  • MA(7): $0.8954

  • MA(25): $0.8859

  • MA(99): $0.8453


Support and Resistance Levels:

  • Support:

    • $0.8915 (near MA(7))

    • $0.8473 (near MA(99))

    • $0.7700 (24h Low)

  • Resistance:

    • $0.9318 (24h High)

    • $0.9358


Volume & Momentum:

  • The price is above the moving averages, indicating bullish momentum.

  • Strong trading volume suggests active market participation, supporting the price movement.


😎Potential Trading Strategy

Scalping:

  • Entry: $0.895 - $0.905

  • Targets:

    • $0.925

    • $0.9318 (24h High)

  • Stop Loss: $0.891

Day Trading:

  • Entry: $0.885 - $0.895

  • Targets:

    • $0.9318

    • $0.9400

  • Stop Loss: $0.875

Swing Trading:

  • Entry: $0.870 - $0.890

  • Targets:

    • $0.9358

    • $0.9500

    • $0.9700

  • Stop Loss: $0.845


Good luck 😏

Analysis Highlights:

  • Bullish Market Structure: Price trending above short- and mid-term moving averages.

  • Key Resistance: $0.9318 and $0.9358 could pose short-term hurdles.

  • Support Levels: Strong support near $0.8473 (MA(99)) and $0.7700 (24h Low).

  • If the price breaks $0.9318, it may test $0.9500 or higher.

#ADA.24ć°æ—¶äș€æ˜“ç­–ç•„ #AdaFundamentals #Ada_Bttc_Tia_Cns_Gaypepe_Doggo_Kin