Cardano (ADA): Bearish Momentum Expected to Continue Near Key R
🔥 Potential Price Targets for Next Month:
🩸 Near-term Goal: $0.95
🩸 Long-term Goal: $0.85
🔥 FinCaesar's Strategy:
🩸 Short: Below $1.00, targeting $0.95 and $0.85. Bearish MACD momentum and continued selling pressure support further declines.
🩸 Long: Above $1.08, aiming for $1.10 and $1.15. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $1.08 — The next key resistance level for the bulls to challenge.
🩸 Support: $0.85 — Breaking below this level could open the door for further declines.
Cardano continues to face downward pressure, with MACD showing weakening bullish momentum. A breakdown below $0.85 could signal more significant declines in the coming month.
👑 "Only those who act swiftly will secure victory—move without hesitation." — FinCaesar
🩸 Near-term Goal: $0.95
🩸 Long-term Goal: $0.85
🔥 FinCaesar's Strategy:
🩸 Short: Below $1.00, targeting $0.95 and $0.85. Bearish MACD momentum and continued selling pressure support further declines.
🩸 Long: Above $1.08, aiming for $1.10 and $1.15. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $1.08 — The next key resistance level for the bulls to challenge.
🩸 Support: $0.85 — Breaking below this level could open the door for further declines.
Cardano continues to face downward pressure, with MACD showing weakening bullish momentum. A breakdown below $0.85 could signal more significant declines in the coming month.
👑 "Only those who act swiftly will secure victory—move without hesitation." — 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.