$ADA is currently trading at $0.8470, up +10.53% daily, after the community approved the new IOE roadmap, which boosts confidence in the project and increases momentum.
š Technical Signals:
- ā
SAR at $0.7083 shows an upward trend
- ā
KDJ in the strength zone: J at 94.34
- ā
RSI is very high, indicating overbought conditions ā potential correction soon
š Important Levels:
- š¢ Strong support at $0.7650
- šµ Resistance at $0.8581 ā if breached, the next target is $0.92 then $1.00
- āļø Suitable stop loss: below $0.74
š Summary:
Entering now is possible with a light load (10ā15%), preferably splitting the trade. Watch for potential correction due to overbought conditions, but overall momentum is positive.
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