🔻 $ADA /USDT 1H Chart – Cooling Off Below EMA Resistance
Cardano is trading at $0.7584, below the 150 EMA resistance at $0.7706 after a strong dump from the recent local top near $0.835.
The bounce attempt off the $0.740–0.750 zone has slowed down, and price is now consolidating under the key EMA — this makes it a pivot zone for short-term direction.
🔍 What to watch:
Reclaim & Retest EMA → Possible rally toward $0.78–$0.80
Rejection Zone → May revisit $0.730 or even $0.710 if buyers don't show up
Key Levels:
Support: $0.750 / $0.730
Resistance: $0.770 / $0.790
Volume Note: Recent bounce had lower volume, so bulls need to step in hard to flip trend.
📊 Current bias: Cautious Bearish
Wait for either a clean EMA break or a retest rejection to pick a side.