ADA's anticipation of a rise with Midnight's launch has caused some excitement, but the conflict between the US and Iran has unsettled the crypto market, leading funds to flee first. Short-term correction is unavoidable.
On the technical side, the 1-hour chart shows the price under pressure at the upper Bollinger Band, with KDJ forming a death cross downward, indicating a bearish trend is taking control.
First target: 0.267, second target: 0.256, stop loss: 0.299
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ADA's anticipation of a rise with Midnight's launch has caused some excitement, but the conflict between the US and Iran has unsettled the crypto market, leading funds to flee first. Short-term correction is unavoidable.
On the technical side, the 1-hour chart shows the price under pressure at the upper Bollinger Band, with KDJ forming a death cross downward, indicating a bearish trend is taking control.
First target: 0.267, second target: 0.256, stop loss: 0.299
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