$ADA

Price broke out of a Channel Up pattern and currently price is near the $0.57 resistance trendline and is very overbought (RSI ~ 80). Hence, price is likely to pull back near-term.

Pattern: Price is Overbought at Resistance. This trading strategy finds assets that are overbought (RSI > 70) and are near a resistance area, which means there's a high probability that price will get rejected and pull back near-term. Overbought conditions are typically reached when RSI hits 70 or more.

Trend: Short-term trend is Strong Up, Medium-term trend is Strong Up, Long-term trend is Neutral.

Momentum: Price is Very Overbought currently, based on RSI-14 levels (RSI > 80).

Support and Resistance: Nearest Support Zone is $0.35, then $0.28.