#CardanoDebate
🔥Is Cardano’s $1 target a stretch? Why a breakdown could be near??
Cardano [ADA] isn’t getting much love from the whales right now.
Instead of buying the fear, they’re dumping into it, reiterating the same old playbook: dump first, pump later. The $0.60 level is barely holding, and without strong support kicking in, it’s looking more like a crack than a bounce.
So, with whales bailing and fundamentals not stepping up just yet, is the $1 target starting to feel more like a stretch than a setup?You can check the order book in the picture attached, then you can find the 2.2 million ADA orders at the price if 0.52. That is a huge order & it is the largest below 0.60$.
✅️ On the other side, SELL orders are not larger than the BUY orders.
✅️ If it breaks the key levels of 》0.60 》0.58》0.55》then Cardano will stay at 0.52.
✅️ It's better to wait with a closer eye on Cardano, loose it's supports at 0.58, then 0.55 we can make orders to buy Cardano at 0.53.
✅️ BTC & ETH also, in bearish momentum. If BTC is unable to stay above 100K, we are getting closer to our target of 0.53.🏆
This is not a financial advice. Do Your Own Research before making trading decisions.
Wish You All The Best Traders💰💵💶💷💸
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