ADA is currently hovering around 0.463 USDT, and it looks quite indecisive on the hourly chart.

The price has just climbed over the 7-hour line (around 0.454) and the 25-hour line (around 0.462), which can be considered a short-term breather. But what's the problem? The 99-hour moving average is still pressing down at 0.477, so this rebound feels more like a test—just checking if it can break through.

The current position is a bit awkward: if we say it's weak, the short-term moving averages have indeed provided support; if we say it's strong, the mid-term moving averages haven't been broken through yet, and the trend reversal is still far off. Next, keep a close eye on the range of 0.47 to 0.48, where there is both resistance from the 99-hour line and it's also a previous high. If it really wants to turn around, it needs to break through with volume to count.

Looking down, 0.45 is a threshold; if it can't hold, it might pull back to around 0.42. The trading volume has recently shown some improvement, but we haven't seen that kind of sustained increase in momentum. The MACD has curved up from the bottom, and the momentum is slowly recovering, but the strength is still not strong enough.

In simple terms, the short-term situation is not considered bearish, but it can't be said to be very strong either – it's in a state where you can watch but shouldn't go in heavy. If it can hold above 0.48 and there is volume? Then it can be considered for chasing; if it can't hold, just continue to grind, and control your position well to avoid getting overly excited.