$ADA held the 50% Fibonacci retracement level ($0.80) from its July–August rally, with MACD histogram showing slowing bearish momentum.
👉The 200-day SMA ($0.726) acts as long-term safety net.
What this means:
👉Short-term traders see $0.80 as a psychologically important accumulation zone. A close above the 30-day SMA ($0.856) could target $0.90, while failure to hold $0.80 risks drop to $0.76.
