ADAUSDT — Technical Analysis (12H)

$ADA #TrendTradingStrategy #Cardano

🔍 Overview: Cardano (~0.4280) is firmly consolidating above its EMAs, including the EMA(99).

1. Trend: The price is well supported by the EMA(7) (~0.4200) and EMA(99) (~0.4200). The trend is bullish.

2. Resistance: The main resistance is the recent high at $0.4373.

3. Support: The zone of $0.418 - $0.422 (convergence of EMAs) is the crucial support that must be maintained.

4. MACD: Momentum is strong and positive, supporting the consolidation.

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✅ Conclusion:

$ADA has changed its structure to bullish and is consolidating this gain. The strong support base suggests the price is about to attempt breaking above $0.4373.

📈 #Crypto #AnalisisTecnico #ADA

ADA
ADAUSDT
0.4083
-0.85%