$ADA broke the weekly support. Real danger zone. ⚠️
A few days ago we warned that $0.2408 was the critical line — if it broke, there was no clear support until $0.20.
A couple of days ago it broke. ✅
ADA at $0.2364 and falling. RSI at 38 — weakened but not extremely oversold yet. It may continue to drop before bouncing back.
Two scenarios:
🔴 Closes below $0.2364 — clear path to $0.20 and then $0.17.
🟢 Recovers $0.2408 today — false bearish breakout and bounce back to $0.26.
The additional problem: BTC at Fibonacci 0.5 today. When the king falls, altcoins fall harder. ADA needs BTC to stabilize first.
The fundamentals remain intact:
✅ ADA ETF in progress
✅ CLARITY Act approved
✅ Leios upgrade on the way
But fundamentals won't stop a bearish cascade.
The daily candlestick says it all. 👀
Does $ADA hold or do we look for $0.20? 👇
A few days ago we warned that $0.2408 was the critical line — if it broke, there was no clear support until $0.20.
A couple of days ago it broke. ✅
ADA at $0.2364 and falling. RSI at 38 — weakened but not extremely oversold yet. It may continue to drop before bouncing back.
Two scenarios:
🔴 Closes below $0.2364 — clear path to $0.20 and then $0.17.
🟢 Recovers $0.2408 today — false bearish breakout and bounce back to $0.26.
The additional problem: BTC at Fibonacci 0.5 today. When the king falls, altcoins fall harder. ADA needs BTC to stabilize first.
The fundamentals remain intact:
✅ ADA ETF in progress
✅ CLARITY Act approved
✅ Leios upgrade on the way
But fundamentals won't stop a bearish cascade.
The daily candlestick says it all. 👀
Does $ADA hold or do we look for $0.20? 👇