$ADA 🔄 ADA/USDT – Is it time for Cardano's comeback? 🔄
Cardano (ADA) paired with USDT is currently showing signs of stabilization after a prolonged period of selling pressure. On the 4h and 1D charts, ADA is forming a potential higher low – which could be a reversal signal.
📉 Key levels (technical analysis):
– Support: $0.42
– Resistance: $0.48 and $0.51
– RSI: Neutral (around 50), which opens up room for movement in both directions
🧠 Interesting fact:
ADA is known for its strong HODL community – over 70% of ADA tokens are often locked in staking, which can help stabilize the price.
📊 Current market sentiment:
Neutral to slightly bullish – but you should watch the reaction at the $0.48 zone. A confirmation of a breakout above may open the way to $0.55.
💬 Are you trading ADA/USDT? What’s your plan: HODL, swing, or waiting for a breakout?
👇 Write in the comments!