$ADA SELLOFF HITS 2020 LOWS — NOW FACES A CRITICAL RESISTANCE ZONE 🚨
Entry: 0.1485 🔥
Target: 0.160 🚀
Stop Loss: 0.139 ⚠️
The TD Sequential buy signal flashed on the daily chart after Cardano’s worst week in years — a $0.139 low that erased five years of price history. But the data doesn’t support a clean reversal yet. Volatility is elevated at 17.01% over 30 days, and only 9 of the last 30 sessions closed green.
Whales pulled $4.63 million off exchanges in a single day, hinting at accumulation. Still, the $0.160–$0.176 zone has rejected bounces before, and the security breach damaged confidence. Is this a genuine base or a bull trap?
Not financial advice. Always manage your risk.
#ADA #Cardano #BullTrap #TradingSetup
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Entry: 0.1485 🔥
Target: 0.160 🚀
Stop Loss: 0.139 ⚠️
The TD Sequential buy signal flashed on the daily chart after Cardano’s worst week in years — a $0.139 low that erased five years of price history. But the data doesn’t support a clean reversal yet. Volatility is elevated at 17.01% over 30 days, and only 9 of the last 30 sessions closed green.
Whales pulled $4.63 million off exchanges in a single day, hinting at accumulation. Still, the $0.160–$0.176 zone has rejected bounces before, and the security breach damaged confidence. Is this a genuine base or a bull trap?
Not financial advice. Always manage your risk.
#ADA #Cardano #BullTrap #TradingSetup
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