š¦ Cardano $ADA Outlook: Can NIGHT Liquidity Spark a Rebound?
š ADA is entering a decisive phase as NIGHT token liquidity rotation meets tight price compression ā but direction still isnāt confirmed.
š§± Technically, $ADA remains in a clear descending channel, sliding toward a historically strong demand area near $0.30. This zone previously sparked a ~290% rally (Nov 2024), and the current decline mirrors that accumulation-style slope and compression.
š§ Price is hovering around ~$0.36, slightly above demand. Selling pressure looks more like absorption than breakdown, with consecutive lows forming closer to the channel base ā a potential sign of exhaustion.
š If demand holds, key rebound levels to watch are $0.48 (demand control reclaim), then $0.60, with $0.73 as the major pivot. A clean breakout there opens a path toward $1, reshaping the longer-term $ADA outlook.
