ADA Market Check:
Cardano slipped into a minor support zone earlier, but the latest reaction candle shows buyers attempting to reclaim control. The structure is still weak, but $ADA
ADAUSDT
Perp
0.357
-2.53%
holding above this intraday base adds room for a short corrective move to the upside.
The market is currently testing momentum from the lower end of the range, and a steady reclaim could drive price back toward the nearest liquidity band. Failure to hold support, however, would open the door to another leg down.
Trade Levels:
Entry: 0.4083
Target: 0.4217
Stop Loss: 0.4012