@bebenextgen33
📊 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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