$ADA Brief Technical Opinion

The price is currently in a strong demand area, and the RSI is close to being oversold, which provides a chance for a rebound.

If the price maintains between 0.4040 – 0.4120, a rise towards 0.43 – 0.45 is very likely.

However, if it breaks 0.3920, the market weakens, and it is not worth entering.

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