$ADA
๐ $ADA Technical Breakdown ๐
Following the treasury proposal news, $ADA/USDT saw a sharp 6% dip, shaking market confidence. But is this just a correction โ or the start of something bigger?
๐ง Key Levels to Watch: โ Support: $0.38 โ $0.40
โ Resistance: $0.45 โ $0.48
โ RSI: Near oversold territory โ possible bounce incoming?
๐ Volume spike = market reaction.
๐ MACD shows bearish momentum but flattening out.
๐ฏ Bulls eye a recovery if support holds.
๐ป Bears watching for a breakdown and further downside.
๐ฌ What's your current $ADA strategy?
Scalp, swing, or staying out?