Cardano (ADA) Analysis: The Whale Defense
Cardano is currently a favorite for "Smart Money." Despite price weakness, on-chain data shows massive accumulation from large-scale holders.
Market Sentiment: Bearish but Accumulating. ADA is trading at approximately $0.35 (roughly 98 PKR). While retail investors are offloading tokens, "whales" (holding 100k–100M ADA) have scooped up over 454 million ADA this month alone.
Technical Outlook: ADA is testing a critical support floor at $0.33. Bulls need to push the price above the $0.38 resistance to signal a true trend reversal.
2. Dogecoin (DOGE) Analysis: The Support Struggle
Dogecoin is behaving as a high-beta proxy for market sentiment. Without a specific "Elon tweet" or meme-cycle catalyst, it is drifting lower.
Market Sentiment: Bearish/Oversold. DOGE is trading near $0.121 (roughly 34 PKR). It has struggled to gain momentum, with every small rally being sold into by short-term traders.
Technical Outlook: DOGE is printing a "Falling Wedge" pattern on the daily chart. While technically bullish, it requires a breakout above $0.134 to confirm that the downtrend is over.
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