🚨 $ADA /USDT – Breakdown or Bounce Incoming? 🔄📉

$ADA is trading around $0.7421, down 2.55% in the last 24h. With RSI dipping below 40 and price sitting right above key support, is ADA gearing up for a reversal—or slipping into a deeper correction? Let’s analyze 👇

📊 Market Overview

📍 Current Price: $0.7421

📈 24h High: $0.7658

❄️ 24h Low: $0.7313

📊 Parabolic SAR: (Downtrend pressure still present)

📉 MACD Momentum (MACD data not provided – RSI signals weakness)

RSI(6): 37.45 (Bearish momentum – near oversold)

MA(7): $0.7416

MA(25): $0.7527

MA(99): $0.7747

📈 ADA Trade Setup – Key Levels to Watch

🔹 Bullish Scenario (If ADA Holds Above $0.7310):

Entry: Above $0.7480

Targets: $0.7650, $0.7850, $0.8000+

Stop-Loss: $0.7200

🔹 Bearish Scenario (If ADA Breaks Below $0.7310):

Entry: Below $0.7300

Targets: $0.7100, $0.6950, $0.6700

Stop-Loss: $0.7480

🔍 Should You Hold or Sell?

⚠️ RSI below 40 = weak momentum, possible further downside

✅ Holding above $0.7310 = potential short-term bounce area

⚠️ 25 & 99 MA trending down – bearish structure still intact

💡 Pro Tip:

🔁 Wait for reclaim of $0.7500 before going long

⚠️ Losing $0.7310 could open door to steeper correction

📢 What's your move—buy the dip or wait it out? Let’s talk in the comments! ⬇️

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$ADA

#ADA #Cardano #ADAUSDT #CryptoTrading #Write2Earn