📉 $ADA Analysis: Sideways Pressure with Key Support in Play
Cardano (ADA) is trading at $0.7734 (-1.80%), showing choppy price action between $0.7542 (support) and $0.8000 (resistance). The market is struggling to gain direction, but the recent bounce indicates bulls are defending the lower range. A push above $0.7843 could open the way toward $0.8000, while failing to hold $0.7542 may trigger deeper downside.
Trade Setup:
Entry: $0.7730
Target (TP): $0.7843 – $0.8000
Stop Loss (SL): $0.7540