🛑 Signal Crash Ahead? 🚨 Cardano’s 18.53M $ADA Unlock : Next Price Target 🚨 📉🔗

Cardano’s native token, ADA, faces uncertainty as an 18.53M ADA unlock ($16.37M) approaches on December 26, 2024. This accounts for 0.05% of total supply, raising fears of increased selling pressure.

💡 Key Highlights:

🔸 Unlock Impact: Experts warn of potential price drops due to increased supply.

🔸 Current Price: ADA trades near $0.93, up 8% in 24 hours, though trading volume is down 5%, reflecting cautious sentiment.

📊 Technical Outlook:

🔹 ADA consolidates between $0.86 - $0.97 for five days.

🔹 A break above $0.98 could fuel a 25% rally to $1.25.

🔹 A break below $0.85 risks a 12% drop to $0.75 support.

⚡ Conclusion: Watch ADA closely as the unlock nears; its next move hinges on breaking key levels. Stay alert! 🌐📈