Thatās the loudest narrative right now ā and history shows this is often when risk-reward quietly shifts toward patient buyers šš
When an asset stops being exciting, sentiment collapses⦠and thatās usually where smart money starts paying attention.
š Professional Technical Analysis
Cardano (
#ADA /
#USDT ā Daily Timeframe)
$ADA has been locked in a clear bearish trend for months, trading below the EMA 20 and SMA 50, confirming sustained selling pressure š.
However, price is now approaching a major long-term demand zone around $0.35ā$0.37 ā a level that previously acted as a launchpad for strong recoveries š.
š§ Key Structural Observations
š¹ Price is compressing near historical support, signaling weakening downside momentum
š¹ Recent sell-offs show smaller bearish candles, hinting at seller exhaustion
š¹ Liquidity sweeps below $0.38 failed to continue lower, suggesting absorption by larger players š³
š Momentum Signals Align
š RSI (14) hovering around 38ā40, deep in oversold territory
š Bullish RSI divergence forming ā RSI makes higher lows while price makes equal or lower lows (classic bottoming signal)
š RSI moving average has begun to flatten, often seen before trend transitions
š While ADA remains bearish by trend definition, the market appears to be shifting from distribution to accumulation, not free fall.
šÆ High-Probability Swing Setup
š¢ Buy Zone: $0.36 ā $0.38
(Strong horizontal support + RSI divergence)
š“ Stop Loss: $0.33
(Breaks demand zone ā bullish thesis invalidated)
šÆ Take Profit Targets:
⢠TP1: $0.44 (EMA 20 retest)
⢠TP2: $0.52 (major resistance / prior support)
⢠TP3: $0.65+ (trend reversal scenario)
āļø Risk/Reward: ~1:3 if TP2 is reached
š§© Final Thoughts
ADA doesnāt look exciting ā and thatās the point.
As long as price holds above $0.35, this setup favors smart accumulation over emotional selling š§āāļøš
š Markets bottom when confidence disappears ā not when hope returns.
$ETH