🔻 $ADA /USDT – LAYER 1 UNDER PRESSURE, BUT KEY SUPPORT IN SIGHT 🔻
$ADA /USDT is trading at $0.6328 (-8.55%), coming off a 24h high of $0.6942 and dipping to a low of $0.6174. The recent drawdown is notable, but volume remains strong (178.97M ADA, ~$116.77M USDT), suggesting active market participation and a potential reversal zone near support.
📌 Entry Zone: $0.6250 – $0.6350
🎯 Target 1: $0.6600
🎯 Target 2: $0.6900
🔻 Stop-loss: $0.6120
PRO TIP:
If ADA stabilizes above $0.6360 and volume picks up, this could trigger a relief bounce. However, a breakdown below $0.6170 may invite deeper selling. Wait for confirmation candles on the 1H/4H charts.
