$ADA is showing a downtrend in the one-hour chart as the price is trading below the three moving averages EMA 7, EMA 25 and EMA 99, which is a sign of bearish pressure. In my opinion, the price should bounce back from here, but it is currently in a consolidation phase. The RSI is in the 44 natural zone, so it is waiting for a major breakout. In my opinion, it should be bought for the long term, but do your own analysis. Always trade spot. Do your research.
Entry: current price
Targets: $0.4🎯 | $0.42🎯 | $0.43🎯
Stop Loss: ~1% ( risk Your Choice )
⚠️ Disclaimer
• Signal not guaranteed ❌
• Not financial advice (DYOR) 🧠
• Profit & loss both possible 🤷
• Spot Only ✅ | No Future Trade ❌
• Risk only what you can afford ✔️
#INSHALLAH #ADA #MarketRebound #BTC100kNext? #MashAllah