ADA/USDT update 👀📉
Cardano is currently trading around $0.367, still under pressure after the recent drop from the $0.41–0.44 zone. Price bounced from the $0.346 support, which is a good sign, but momentum is still weak on the daily timeframe.
📊 What I see on the chart:
Market is in a short-term downtrend
Volume is low → buyers are cautious
MACD is slightly negative, showing no strong reversal yet
Price is moving sideways, trying to build a base
🔍 Key levels to watch:
Support: $0.35 – $0.34
Resistance: $0.38 – $0.41
If ADA holds above support and volume increases, we could see a slow recovery. A break below $0.34 could bring more downside. For now, this looks like a wait-and-watch or accumulation zone, not a breakout.
Not financial advice — always manage risk and trade with a plan.
What’s your view on ADA from here? 🚀 or
