$ADA is flashing the kind of weakness I keep watching quietly.
$0.2280, down 11.39% today, with $56.23M traded. The 4h RSI is 28 after a brutal 10.9% slide. Oversold does not mean safe, but it does mean forced sellers may be getting tired 👀
Shorts are paying funding at -0.002%. That matters. Meanwhile, the moving averages are chopping badly, unlike the cleaner trend we usually see in $BNB .
My level is $0.22. If ADA reaches it, I want to see a real reaction before doing anything. No blind catching knives.
That $0.22 level hold or break, which side are you on? 🔥
#Cardano #Crypto #Layer1
$0.2280, down 11.39% today, with $56.23M traded. The 4h RSI is 28 after a brutal 10.9% slide. Oversold does not mean safe, but it does mean forced sellers may be getting tired 👀
Shorts are paying funding at -0.002%. That matters. Meanwhile, the moving averages are chopping badly, unlike the cleaner trend we usually see in $BNB .
My level is $0.22. If ADA reaches it, I want to see a real reaction before doing anything. No blind catching knives.
That $0.22 level hold or break, which side are you on? 🔥
#Cardano #Crypto #Layer1