$ADA WARNING: WHAT IF $0.20 IS THE LAST SUPPORT BEFORE A NEW CRASH?
Guys, are you watching $ADA ? Because I'm seeing something important right now!
$ADA is trading around $0.2054, and lower highs are forming on the daily chart after the rebound from $0.28.
I'm keeping a close eye on the $0.20–$0.205 support zone. What if buyers can't hold it?
I think a breakdown could send #ADA to $0.1918, followed by $0.1786–$0.17.
But what if the $0.20 level holds? Then I see room for a recovery to $0.23–$0.25, with $0.265 as the next key resistance zone.
My outlook: BEARISH until buyers confirm a reversal
Guys, are you watching $ADA ? Because I'm seeing something important right now!
$ADA is trading around $0.2054, and lower highs are forming on the daily chart after the rebound from $0.28.
I'm keeping a close eye on the $0.20–$0.205 support zone. What if buyers can't hold it?
I think a breakdown could send #ADA to $0.1918, followed by $0.1786–$0.17.
But what if the $0.20 level holds? Then I see room for a recovery to $0.23–$0.25, with $0.265 as the next key resistance zone.
My outlook: BEARISH until buyers confirm a reversal