ADA/USDT is testing a major resistance zone after retesting the 100 EMA and bouncing from the rising support line. The price remains in a long-term symmetrical triangle, with the resistance trendline as a key breakout level.
The Stochastic RSI is recovering from oversold levels, indicating potential bullish momentum. A breakout above resistance could trigger a strong uptrend continuation, while rejection may lead to a pullback toward support.
The Stochastic RSI is recovering from oversold levels, indicating potential bullish momentum. A breakout above resistance could trigger a strong uptrend continuation, while rejection may lead to a pullback toward support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.