$ADA
May 4, 2025, here are the key support and resistance levels for Cardano (ADA):
Immediate Support Levels
$0.67 - Current minor support level, acting as a pivot point for intraday trading .
-$0.58–$0.60 - Strong historical demand zone; a breakdown below this could signal a deeper correction .
-$0.53 - Lower Bollinger Band support, critical for maintaining bullish momentum .
Immediate Resistance Levels
-$0.75–$0.78 - Nearest resistance a breakout here could target $0.83–$0.86 .
- $0.83 - Fibonacci 50% retracement level; clearing this could confirm a bullish trend .
- $1.00–$1.05 - Psychological and technical resistance; previous rejection zone .
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