$ADX $ADX $ADX

_Market Update: ADX/USDT_

_Price:_ £0.1770 (-9.28% in 24h)

_Key Levels:_

- 24h High: £0.1975

- 24h Low: £0.1763

- Moving Averages:

- MA(7): £0.1862

- MA(25): £0.1815

- MA(99): £0.1676

_Trading Data:_

- 24h Volume (ADX): 15.95M

- 24h Volume (USDT): 2.98M

_Technical Analysis:_

The ADX/USDT pair is trading within a narrow range, with the 24h high of £0.1975 acting as resistance. The MA(7), MA(25), and MA(99) are trending downwards, indicating a potential bearish trend.

_Market Sentiment:_

The significant price decrease and average trading volume suggest a bearish market sentiment.

_Actionable Insights:_

- Traders can consider short positions below £0.1862, targeting £0.1763.

- A break above £0.1975 may indicate a reversal.

_Infrastructure_

Phoenix Group Signs £380 Million Mining Equipment ...

Stay ahead of the curve with our market updates!

#ADXUSDT #marketupdate #technicalanalysis #tradingdata #cryptocurrency