$ADA PRESSURE BUILDING NEAR SUPPORT! BULLS NEED TO STEP IN FAST
$ADA is currently trading at $0.7287, posting a minor +0.47% gain on the day, but price action shows a clear bearish bias. After repeated failures to break above $0.7350, the chart now shows lower highs and weakness near key support.
Price Recap:
• 24h High: $0.7538
• 24h Low: $0.7173
• Current: $0.7287
Key Zones:
• Immediate Resistance: $0.7320 – $0.7350
• Major Resistance: $0.7400 – $0.7450
• Support Zone: $0.7170 – $0.7220 (critical support area)
Trade Setup:
Bearish Setup:
• Entry: Below $0.7220
• TP1: $0.7150
• TP2: $0.7080
• Stop-Loss: Above $0.7350
Bullish Reversal Play:
• Entry: Above $0.7350 with strong green candle
• TP1: $0.7450
• TP2: $0.7530
• Stop-Loss: Below $0.7220
$ADA is on edge. If buyers lose control of $0.7220, expect accelerated downside. A bounce is possible, but it needs volume and momentum to hold above $0.7350. Stay alert—next move could be sharp either way.