🚨 $ADA /USDT – Retesting Key Support with Bearish Momentum! 🔻
#Cardano ($ADA) is under pressure, trading at $0.7773 (-3.44%) after dipping from its recent local high of $0.8414. With MACD turning bearish and price near Bollinger Band support, ADA is at a technical crossroads.
📊 Market Overview
📍 Current Price: $0.7773
📈 24h High: $0.8414
📉 24h Low: $0.7601
🔄 24h Volume:
ADA: 203.10M
USDT: $162.62M
📈 Technical Indicators
Bollinger Bands (20, 2)
Upper: $0.8428
Middle: $0.8055
Lower: $0.7683
(Current price just above lower band – nearing oversold territory)
MACD Momentum
DIF: -0.0044
DEA: +0.0012
MACD: -0.0057
(Bearish crossover confirmed – watch for continuation or divergence)
📈 ADA Trade Setup – What to Watch
🔹 Bullish Scenario (If $768 Holds as Support):
Entry: Above $0.7800
Targets: $0.8050, $0.8300, $0.8480
Stop-Loss: $0.7600
🔹 Bearish Scenario (If Price Breaks $0.7683 Band Support):
Entry: Below $0.768
Targets: $0.7400, $0.7100
Stop-Loss: $0.7850
📊 Market Analysis
✅ ADA still within broader range but testing key support
⚠️ Bearish MACD and price below mid-Bollinger suggest near-term weakness
✅ Recovery likely if volume spikes near lower Bollinger Band
💡 Trade Smart Tip:
Use tight stop-losses near $0.7600 if you're counter-trading this dip. Wait for bullish confirmation above $0.8055 for higher confidence longs.
Will ADA rebound or bleed lower from here? Let us know below!
Follow for more real-time crypto setups.