$ADA / USDT – Bulls Test Key Support After 6% Dip from Highs
Cardano surged to $0.7183, but bears have stepped in — now trading at $0.6851, clinging to EMA-50 support.
24h High: $0.7183 | 24h Low: $0.6796
24h Volume: 142.57M ADA / 99.69M USDT
MACD: Bearish crossover (DIF 0.0124 < DEA 0.0171)
Key Zones:
Support: $0.6792 (EMA50), $0.6700
Resistance: $0.6917 (EMA15), $0.7000
Trade Setup:
Bounce Entry: $0.680–0.685
TP1: $0.700
TP2: $0.715
SL: $0.669
OR
Short Entry: Below $0.679
TP: $0.655
SL: $0.692
Outlook: Strong buying previously pushed ADA up over 16% from lows — but now bulls must hold the 50 EMA or risk a reset. All eyes on the bounce zone.