Technical analysis by WhiteHouse021 about Symbol ADA: Sell recommendation (3/12/2025)

**ADA/USDT – 1-Hour Chart Analysis** The price is currently testing a key resistance zone around **0.7300 - 0.7760**, aligning with both the descending trendline and the **200 EMA (orange line)**. A rising wedge formation has emerged, indicating a potential reversal or continuation of the downtrend. If the price fails to break above this resistance, a rejection could lead to a pullback towards the **0.6550 - 0.6340** range. However, a breakout above this level may invalidate the bearish setup and signal further upside potential. Monitoring price action around this resistance zone is crucial for assessing the next trend direction.Risk Free At EntryIt looks like a trading range.