ADA/USD: Testing Key Support as Bears Linger
🔥 FinCaesar Strategy:
🩸 Short: Below $0.91, targeting $0.89 and $0.87. MACD remains weak, and price action suggests bearish pressure.
🩸 Long: Above $0.93, aiming for $0.95 and $1.05. Bulls need strong volume confirmation for a breakout.
🔥 FinCaesar Commands:
🩸 Resistance: $0.93 — A breakout above this level could push ADA toward $0.95 and beyond.
🩸 Support: $0.91 — Losing this level may result in a pullback to $0.89 or lower.
Cardano is consolidating near key support, showing signs of hesitation. The MACD is neutral but leaning bearish, indicating a lack of bullish momentum. A decisive move above $0.93 could shift sentiment, while failure to hold $0.91 might trigger further downside.
👑 "Only those who anticipate the storm can harness its power." — FinCaesar
🩸 Short: Below $0.91, targeting $0.89 and $0.87. MACD remains weak, and price action suggests bearish pressure.
🩸 Long: Above $0.93, aiming for $0.95 and $1.05. Bulls need strong volume confirmation for a breakout.
🔥 FinCaesar Commands:
🩸 Resistance: $0.93 — A breakout above this level could push ADA toward $0.95 and beyond.
🩸 Support: $0.91 — Losing this level may result in a pullback to $0.89 or lower.
Cardano is consolidating near key support, showing signs of hesitation. The MACD is neutral but leaning bearish, indicating a lack of bullish momentum. A decisive move above $0.93 could shift sentiment, while failure to hold $0.91 might trigger further downside.
👑 "Only those who anticipate the storm can harness its power." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.