🚨 $ADA /USDT – Reversal Brewing or Just Another Lower High? 🧨🧠
#Cardano is currently trading at $0.7410 (+0.52%), hovering beneath key moving averages. As momentum cools and RSI drops near 40, is ADA gearing up for a bounce—or setting up for more downside?
📊 Market Overview
📍 Current Price: $0.7410
📈 24h High: $0.7683
❄️ 24h Low: $0.7267
📊 Parabolic SAR: $0.7410 (Testing SAR level—tug-of-war zone)
📉 MACD Momentum:
DIF: -0.00391
DEA: -0.00244
MACD: -0.00295 (Bearish bias remains intact)
📈 ADA Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ADA Holds Above $0.7260):
• Entry: Above $0.7450
• Targets: $0.7680, $0.7870, $0.8100
• Stop-Loss: $0.7200
🔹 Bearish Scenario (If ADA Falls Below $0.7200):
• Entry: Below $0.7190
• Targets: $0.6990, $0.6550, $0.6100
• Stop-Loss: $0.7480
🔍 Should You Hold or Sell?
⚠️ RSI at 41.48 = Weak momentum; neutral-bearish bias
❌ Price under MA(7) & MA(25) = Caution in the short-term
✅ Still above 99-day MA = Long-term support remains valid
💡 Pro Tip:
📌 A break and hold above $0.7480 = bullish confirmation toward $0.78+
⚠️ Rejection near $0.745 = signal for potential drop toward $0.69–$0.65
📢 ADA holders—time to accumulate, or wait for the dust to settle? Let us know in the comments! ⬇️
🔥 LIKE & SHARE if Cardano’s still in your top portfolio picks! 🚀