$ADA ЗНОВУ UNDER PRESSURE — BUT THERE IS A CHANCE FOR A REVERSAL🔥
$ADA is currently trading around $0.2141, down −1.97% over the day.
On the 4H chart, the picture is still cautious:
🔸 the price is below MA(7) $0.2194
🔸 below MA(25) $0.2232
🔸 but still above MA(99) $0.1945 — the long-term structure hasn’t been broken.
🎯 Key levels:
• $0.211–0.205 — the nearest support zone
• $0.219–0.224 — the first resistance zone
• $0.244 — the next target in case of a strong rebound
• $0.258 — the local high and the main level to break through
As long as $ADA holds above $0.205, I wouldn’t rush to bury the bullish scenario. But a consolidation below this zone could pave the way for a deeper correction.
It will be interesting to see whether buyers defend this support 👀
#ADA #Cardano #Crypto #Altcoins #Trading
$ADA is currently trading around $0.2141, down −1.97% over the day.
On the 4H chart, the picture is still cautious:
🔸 the price is below MA(7) $0.2194
🔸 below MA(25) $0.2232
🔸 but still above MA(99) $0.1945 — the long-term structure hasn’t been broken.
🎯 Key levels:
• $0.211–0.205 — the nearest support zone
• $0.219–0.224 — the first resistance zone
• $0.244 — the next target in case of a strong rebound
• $0.258 — the local high and the main level to break through
As long as $ADA holds above $0.205, I wouldn’t rush to bury the bullish scenario. But a consolidation below this zone could pave the way for a deeper correction.
It will be interesting to see whether buyers defend this support 👀
#ADA #Cardano #Crypto #Altcoins #Trading