ADAIDR Breaks Key Support Amid Mixed Volatility and Oversold RSI

Summary
• ADAIDR tested key support at 4550–4569, consolidating after sharp intraday declines.
• Volatility surged during Asian hours, with 4667 as initial resistance and 4550 as recent support.
• RSI shows oversold conditions, suggesting potential for short-term rebounds.
• Bollinger Bands widened as ADAIDR broke lower, indicating heightened uncertainty.
• Volume increased near 4570–4624, with divergences hinting at mixed sentiment.

Cardano/Rupiah (ADAIDR) opened at 4663 on 2026-02-07 12:00 ET, peaked at 4693, and closed at 4633 on 2026-02-08 12:00 ET. The 24-hour trading range reached a low of 4550. Total trading volume was 22,054 ADA, with notional turnover of 102,252,078 Rupiah.

Structure & Moving Averages

ADAIDR broke below key support at 4600 during the night, forming bearish engulfing patterns at 4673–4664 and 4693–4664. The 5-minute chart shows the price below its 20 and 50-period moving averages, suggesting short-term bearish bias. On the daily chart, the 50-period MA crossed below the 100 and 200-period lines, hinting at a potential continuation of the downtrend.

Momentum and Fibonacci Levels

The RSI entered oversold territory near 4550, raising the possibility of a short-term bounce. However, Fibonacci retracement levels from the 4693 high to 4550 low place 4624 and 4650 as key psychological and retracement resistance. A retest of 4550–4569 would confirm bearish momentum.

Volatility and Volume Analysis

Bollinger Bands widened during the Asian session, reflecting increased volatility. Volume spiked near 4570–4624, but price failed to hold above 4624, indicating mixed buyer strength. Turnover also surged near 4667, but failed to confirm a sustained breakout, highlighting distribution dynamics.

ADAIDR may consolidate near 4580–4620 over the next 24 hours, with a probable test of 4550 if bearish momentum continues. Investors should remain cautious, as volatility remains elevated and directional signals are mixed.