๐๐๐ซ๐๐๐ง๐จ'๐ฌ ๐๐ฎ๐ข๐๐ญ ๐๐๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง: ๐๐๐ง๐ข๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ, ๐๐ก๐๐ฅ๐ ๐๐ฎ๐ฒ๐๐ซ๐ฌ, ๐๐ง๐ ๐๐ง ๐๐ฑ๐ฉ๐ฅ๐จ๐ฌ๐ข๐ฏ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญโ
#Cardano ($ADA) is at a critical turning point. Retail sentiment is crumbling, but whales are making their move. Despite small investors panic-selling, large wallet holders are accumulating ADA, seeing it as a "discount" at $0.8280.
๐ Market Psychology:
Retail confidence is at a 5-month low, often signaling the potential for price recoveries after panic selling. Meanwhile, whales are taking advantage of the dip, as seen in August 2023 when a similar scenario led to a rally towards $1.
๐ง Technical Outlook:
Bollinger Bands: ADA is resting on the lower band, showing oversold territory.
RSI: Neutral levels, with potential for a buying wave.
MACD: Selling pressure weakens, indicating potential bullish reversal.
๐ฅ The Possibilities:
If support holds between $0.81 โ $0.83, ADA could break the $0.84 level and surge towards $0.96-$1.02. If not, a pullback to $0.68 is also possible.
Cardano is at a crossroads. The next few weeks could determine whether the bullish whales lead ADA into the next big wave. Stay patient and watch the support levels carefully!
