📊 Indicator Snapshot RSI (14): 39.42 recovering from oversold but still weak. MACD histogram +0.007033 (line -0.02983 vs signal -0.03686) flips positive, hinting easing downside. Stoch K: 53.41 strengthens post-oversold; Bollinger Bands narrow (lower 0.386, middle 0.426, upper 0.4659) flag volatility ahead. 🎯 Critical Levels Support: 0.387 (trendline floor, break risks 0.276); short-term 0.40-0.42 must hold. Resistance: 0.45-0.485 (heavy band), 0.51 (psych), then 0.60/0.70. 📈 Chart Setups Inverse H&S (neckline 0.45, targets 0.490/0.520), multi-year falling wedge, channel down—all suggest reversal potential if resistance cracks. 🔄 Derivatives Lean Long Mixed funding (ADAUSDC +0.001636, ADAUSDT -0.006458, ADAUSD PERP -0.00097) but heavy longs: ratios 2.78/2.62/9.75 (90.7% longs on PERP). Watch: 0.387 hold, 0.45+ breakout, Midnight/NIGHT rollout, volume surge. Stabilizing but needs confirmation.coingecko $ADA reversal or deeper dip? Retweet if you're bullish on the patterns! 🚀
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🚨 $ADA Technical Update: Bearish Hold with Bullish Patterns Brewing $ADA trades at 0.4164 USD after a 26.86% monthly drop from 0.5693 (Nov 9), below 7-day SMA (0.422) and 30-day SMA (0.467)—short-term bearish persists.
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Join Surge and earn USDC by amplifying others!
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