🚀 Cardano ($ADA ) surged 12% in 3 days
ADA is testing the resistance level of $0.92 – the bottleneck has halted the upward momentum since mid-August.
Highlights:
STH (short-term investors) are selling less → selling pressure decreases.
CMF reached a 42-day high (0.11) → real money is flowing into ADA.
If it surpasses $0.92, ADA could aim for $0.98.
Drawbacks:
If the bears regain control, $ADA could drop to $0.84.
In summary, $ADA is “working out” to gain momentum, but beware of bears lurking in the bushes 🐻😂
👉 This is not investment advice, don’t blame me if ADA chooses yoga instead of gym.