#Cardano #ADA
$ADA is at a critical level again ā make or break!
Cardano price is now ~$0.40, and analysts are divided:
š“ Ali Martinez reminds: the last time the SuperTrend turned bearish on the weekly timeframe, $ADA fell by 80% (from $3 to $0.40). Now the indicator is bearish again ā the risk of a deep correction is real.
š¢ But Nehal sees the potential for a relief rally: the price is testing the lower border of the descending channel, selling pressure is weakening. A rebound to $0.68ā$0.95 is possible.
š” Mr Brownstone: a rally is still possible, but expects a lower high below $1.00ā$1.10. The next pullback will decide the long-term direction.
Key Levels:
ā¢ Support: $0.40 (break even at $0.30 or below)
ā¢ Resistance: $0.55ā$0.60, then $0.68+
Cardano in a decision zone. Patience is key, the next moves will be decisive! š or š»?
