🚨 $ADA /USDT – Pressure is rising near key support! Is a rebound or a breakout expected? 🔍
Cardano $ADA has fallen by -3.12%, trading at $0.5782, sliding towards its 24-hour low of $0.5613. With a sharp correction and SAR still above the price ($0.6004), traders are watching the critical zone where everything will be decided!
📊 Snapshot:
24h High/Low: $0.6071 / $0.5613
Volume: 133.68M ADA
SAR: $0.6004 (bearish pressure)
Resistance: $0.6117
Support zone: $0.5600 – $0.5650
🚀 Bullish setup – focus on recovery from support
If ADA holds above $0.5650 and breaks through $0.5850…
Entry: $0.5850
Target 1: $0.6030
Target 2: $0.6220
Target 3: $0.6450
Stop-loss: $0.5590
🧠 Note: RSI is approaching oversold territory, and a breakout above $0.5850 on the 1h may trigger a strong wave of recovery.
🔻 Watching for bearish breakout – danger below $0.5600
If ADA does not hold at $0.5600:
Expect a drop to $0.5320 and possibly $0.5075
Confirmed if a 4-hour candle closes below support with increasing selling volume
Reaction around $0.5650 is a key turning point for the next move
🎯 Will ADA reclaim the $0.60 zone… or is a deeper pullback expected? Watch the price action near support – bulls and bears are at war!