#ADA#

📊 ADA Market Analysis Today

💰 Current Price: $0.8284, 24-hour drop of 4.55%, 7-day drop of 3.52%

📉 Technical indicators show clear bearish signals:
• RSI fell to 33.09, entering the oversold area
• The price has broken below all major EMA support lines.
• The 1-hour super trend indicator continues to issue sell signals.
• The MACD negative value is expanding, and bearish momentum is strengthening.

🎯 Key Price Level:
• Support level: $0.826 (today's low)
• Resistance levels: $0.8461 (12EMA), $0.8502 (20EMA)

📈 Trading Strategy:
It is recommended to short after waiting for a break below the $0.826 support, targeting the $0.814-$0.80 range. If it rebounds to the $0.846-$0.85 resistance zone, consider reducing positions.

⚠️ Risk Warning: Trading volume has shrunk to 51.54 million, market participation is low, please operate with caution.

🔍 Market sentiment is bearish, and it is advisable to maintain a cautious attitude in the short term.
#MLP#