$ADA
⚠️ADA has been struggling around $0.64 recently,
Although there is support here, the bulls just can't push it up! This is quite worrisome...
🐻 Are the bears getting restless?
The bears are eyeing the $0.64 threshold,
Once it breaks, it won't just be a simple retracement; the target will directly look towards $0.50!
If it falls to this level, it's basically time to say 'goodbye'...
🐂 Do the bulls still have a chance to turn things around?
As long as the price breaks through the moving average, it will be a very clear 'buy signal at a low position'!
After that, ADA might head straight for the downward trend line, which is a very crucial position,
If it breaks through, the door for a rebound will be wide open!
What’s the target? Directly aim for:
Let’s hit $0.86 first
Then hitting $1.01 is not a dream!
🎯 Trading advice:
🚨 If it drops below $0.64 → bears dominate, look for a retracement towards $0.50
💪 If it breaks through the moving average → buying opportunity, target towards $0.86 → $1.01
🎯 Short-term fluctuations → patiently wait for direction, don’t rush to get in!