Current price: $0.7911 📉 (-0.21% today)
🔥 Sudden momentum:
Cardano is gearing up for a sudden move! With trading volume down 12% from the average and RSI reaching 41.6 (light buying), the market looks like a spring ready to launch.
---
📊 Technical overview in 15 seconds:
- Resistance: $0.82 (sell wall) → $0.85.
- Support: $0.7820 (double support) → $0.76.
- Crucial indicators:
- Trading volume is unusually low: a signal for violent movement nearby.
- A false breakout below $0.78 could ignite a rapid upward wave.
---
🎯 Trading recommendations (brief):
1. Smart entry points:
- Buy at: $0.7820 (double support test) or break $0.82 with an hourly close above it.
2. Profit targets:
- Level 1: $0.82 (quick profit-taking) 💰.
- Level 2: $0.85 → $0.89.
3. Stop loss: $0.7700 (maximum protection) ⛔.
> 💡 Today's scenario:
> ADA's success in stabilizing the price above $0.82 could trigger a rise towards $0.89 supported by whale outflows (271 million ADA exiting exchanges). However, breaking $0.7805 threatens a drop to $0.74.
---
❓
"In your opinion: Does the drop in Cardano's trading volume today hide a setup for a massive explosion or a warning of a collapse? Share your predictions! ⚡"