🚨$ADA IS ABOUT TO DECIDE! BREAK=DUMP😱
Cardano is testing a crucial support around 0.4120. Losing this level could open further downside towards 0.4050 – 0.3980. If buyers defend this zone again, a small bounce is possible but momentum is clearly bearish for now.
ADA is literally hanging right above a MAJOR support around 0.4120 – 0.4100.
This is the exact zone where buyers stepped in previously…
But this time structure looks WEAK and bearish pressure is increasing candle by candle.
If price breaks and closes below 0.4100 on 1H:
SHORT ENTRY: below 0.4095
Target 1: 0.4030
Target 2: 0.3980
Stoploss: above 0.4175
ADAUSDT
Perp
0.4108
-6.25%