The chart shows
$ADA /USDC trading at 0.2872, down -6.57% in the last 24 hours after hitting a high of 0.3079 and low of 0.2822. The price has been in a downtrend but is showing signs of stabilization: it's bouncing off recent lows around 0.25-0.22 zone earlier, with EMAs (8,13,21) converging near current levels (EMA8 ~0.2788, EMA13 ~0.2788, EMA21 ~0.2835), suggesting potential compression before a move.
Stochastic (K~45.78, D~41.07, J~55.19) is in neutral territory but crossing upward, hinting at building momentum. RSI(14) at ~49.37 is recovering from oversold, with RSI(6) at ~57.9 showing short-term strength. Volume spikes on recent green candles indicate buying interest stepping in after the dip.
TRADE FORECAST: LONG ADA/USDC NOW!
Current price action points to a bullish reversal setup — rebound from support + improving oscillators = potential rally toward previous resistance.
Entry: Around 0.2870-0.2890
Take Profit: 0.3070 (recent high, ~7% gain) → extend to 0.3320 if breakout confirmed
Stop Loss: 0.2800 (below recent low & EMA cluster, risk ~2.5%)
Risk management first — use proper position size! This could be the bounce we've been waiting for in Cardano amid broader crypto recovery vibes. Don't miss out!
Trade
$ADA /USDC Now! Follow & turn 🔔 on ✅ Let's catch this pump together!
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