$ADA /USDT Analysis Update š
Cardano (ADA) is trading at $0.9119 (-3.24%), experiencing bearish momentum after a rejection from the $0.9507 high. The price is testing near the support zone, signaling a potential bounce or further downside.
Key Levels to Watch:
Resistance: $0.9320
Support: $0.9000
Critical Zone: $0.8918
Strategy:
Bullish Recovery:
Entry: Above $0.9200
Target 1: $0.9400
Target 2: $0.9500
Stop Loss: Below $0.9100
Bearish Continuation:
Entry: Below $0.9000
Target 1: $0.8900
Target 2: $0.8800
Stop Loss: Above $0.9100
š Observation: Monitor for volume spikes and momentum shifts. Risk management is essential in such volatile conditions.