The US Dollar/USDT pair ($ADA ): The trends on the daily and four-hour time frames show bearish signals, as all the exponential moving averages are trending downwards. Currently, the hourly chart is retesting a key resistance area at 0.3604, which aligns perfectly with the overall bearish trend. A sell signal is activated if the Relative Strength Index (RSI) on the 15-minute timeframe remains below 50, indicating weak momentum and inability to break through resistance. This is a strong opportunity to enter the market to take advantage of the current downward wave. Get ready!
Actionable setup now (Sell)
Entry point: Market at 0.361855 - 0.363545
First target: 0.357633
Second target: 0.355944
Third target: 0.352566
Stop loss: 0.367767
ADAUSDT
Perp
0.3634
-3.37%