🔍 $ADA IS TESTING A KEY FLOOR
Cardano is back around the $0.26 area, right inside the historical $0.20–$0.28 zone where buyers have stepped in during previous cycles.
For me, the important part is what happens next.
ADA needs to reclaim $0.32–$0.40 and hold the breakout on a retest to make the recovery look more convincing. Above that, I’m watching $0.426, followed by the $0.55–$0.65 supply zone.
From $0.2644, a move to $0.40 would be roughly 51% upside.
But the downside still matters. A weekly close below $0.20 could bring $0.14–$0.18 back into play, while losing $0.14 would weaken the current base.
So the real question is simple:
Is $ADA building a floor, or just setting up another rejection?
Cardano is back around the $0.26 area, right inside the historical $0.20–$0.28 zone where buyers have stepped in during previous cycles.
For me, the important part is what happens next.
ADA needs to reclaim $0.32–$0.40 and hold the breakout on a retest to make the recovery look more convincing. Above that, I’m watching $0.426, followed by the $0.55–$0.65 supply zone.
From $0.2644, a move to $0.40 would be roughly 51% upside.
But the downside still matters. A weekly close below $0.20 could bring $0.14–$0.18 back into play, while losing $0.14 would weaken the current base.
So the real question is simple:
Is $ADA building a floor, or just setting up another rejection?
