$ADA is the market's patience test 😅
Cardano ($ADA ) sits at ~$0.167, down -3.6% today and -9% this week — 94.5% below its $3.09 all-time high. RSI is at 32.2, knocking on oversold's door, and the coin is parked right on support at $0.163, with resistance at $0.174.
Oversold doesn't mean it bounces tomorrow — it means sellers are getting tired. A daily close back above $0.174 would be the first sign the bleeding is pausing. Lose $0.16 and the next stop is $0.154.
Meanwhile $BTC is at ~$66,900 and Fear & Greed is at 13. Extreme fear everywhere. Spot buyers, this is the part where patience gets tested.
Not financial advice. DYOR.
#Cardano #Crypto #Altcoins
Cardano ($ADA ) sits at ~$0.167, down -3.6% today and -9% this week — 94.5% below its $3.09 all-time high. RSI is at 32.2, knocking on oversold's door, and the coin is parked right on support at $0.163, with resistance at $0.174.
Oversold doesn't mean it bounces tomorrow — it means sellers are getting tired. A daily close back above $0.174 would be the first sign the bleeding is pausing. Lose $0.16 and the next stop is $0.154.
Meanwhile $BTC is at ~$66,900 and Fear & Greed is at 13. Extreme fear everywhere. Spot buyers, this is the part where patience gets tested.
Not financial advice. DYOR.
#Cardano #Crypto #Altcoins