✅ Binance Square Post:
🔻 Cardano (ADA) at Critical $0.68 Support – Breakdown or Bounce? 🔺
📉 ADA trades near $0.722, struggling to hold triangle support after a sharp 13% weekly drop. Bearish CHoCH, EMA rejections, and weakening RSI suggest downside pressure is building.
🧠 Key Levels & Signals:
• $0.87 rally failed, CHoCH confirms bearish control
• EMA cluster (20/50/100/200) acting as layered resistance
• Support zone: $0.66–$0.68 = critical triangle base
• MACD & RSI momentum: bearish bias persists
• Parabolic SAR & Supertrend: both still bearish
📊 Until ADA reclaims $0.78 and breaks Supertrend resistance, the trend stays negative. But holding above $0.68 keeps long-term structure alive.
⚔️ Will ADA break down — or defend this key level for a reversal?
👇 Drop your $ADA price prediction below!