🚨 $ADA /USDT – Cardano Slips! Oversold Flush or Buying Zone? 🔥
$ADA is down -7.79% to $0.5314, breaking below key moving averages and testing critical support levels. RSI signals oversold pressure—are bulls preparing to step in, or is a deeper dive coming? Let’s find out 👇
📊 Market Overview
📍 Current Price: $0.5314
📈 24h High: $0.5796
❄️ 24h Low: $0.5255
📊 Parabolic SAR: Bearish trend remains
📉 MACD Momentum:
Bearish crossover confirmed
Momentum below all key MAs (MA(7), MA(25), MA(99))
Sellers maintaining control
📉 RSI (6): 24.89 – Approaching oversold zone
📈 ADA Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ADA Holds Above $0.5255):
Entry: Above $0.5350
Targets: $0.5470, $0.5770, $0.6060+
Stop-Loss: $0.5180
🔹 Bearish Scenario (If ADA Breaks Below $0.5180):
Entry: Below $0.5170
Targets: $0.4950, $0.4680, $0.4400
Stop-Loss: $0.5350
🔍 Should You Hold or Sell?
✅ RSI < 25 = bounce watch is ON
✅ Consolidation above $0.5255 = reversal potential
⚠️ Drop below $0.5180 = extended downside risk
💡 Pro Tip:
🚀 A bounce with strong volume above $0.5470 = early signal for recovery rally
⚠️ Weak recovery = bear trap zone—use tight risk management
📢 Cardano holders—scaling in or waiting for confirmation? Let us know below!
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