🚨 $ADA /USDT – Pressure Building Near Key Support! Bounce Incoming or Breakdown Ahead? 🔍
Cardano $ADA is down -3.12%, trading at $0.5782, sliding toward its 24h low of $0.5613. With a sharp correction and SAR still above the price ($0.6004), traders are eyeing a critical make-or-break zone!
📊 Snapshot:
24h High/Low: $0.6071 / $0.5613
Volume: 133.68M ADA
SAR: $0.6004 (bearish pressure)
Resistance: $0.6117
Support Zone: $0.5600 – $0.5650
🚀 Bullish Setup – Eyes on Recovery From Support
If ADA holds above $0.5650 and breaks through $0.5850…
Entry: $0.5850
Target 1: $0.6030
Target 2: $0.6220
Target 3: $0.6450
Stop-loss: $0.5590
🧠 Note: RSI nearing oversold and a 1H breakout above $0.5850 could trigger a strong recovery wave.
🔻 Bearish Breakdown Watch – Danger Below $0.5600
If ADA fails to hold $0.5600:
Expect downside toward $0.5320 and possibly $0.5075
Confirmed if it closes a 4H candle below support with rising sell volume
📌 Trading View:
Volume strong but leaning bearish
SAR & trendline resistance still active
Reaction near $0.5650 zone is the key pivot for the next move
🎯 Will ADA reclaim the $0.60 zone… or is a deeper flush coming? Watch price action near support – the bulls & bears are at war!
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