$ADA /USDT Premium Market Update – Binance Square Viral Style
Coin Name: Cardano (ADA)
Price: $0.4268
24h Change: +0.02%
Sentiment: Neutral to Slightly Bearish — Weak bounce, pressure still on
Market Overview (Urdu + English Mix):
ADA has tested a fresh dip of $0.4240 today and there was a small rebound from there, but so far there is no strong bullish confirmation.
MA(7) is right above the price, highlighting short-term selling pressure. MA(25) is also in a downward slope — the trend is currently in a soft bearish zone.
The order book sentiment shows buyers at 59% vs sellers at 40%, which seems slightly positive, but the charts are still showing a cautious mood.
If ADA reclaims $0.4295+, the trend might improve a bit.
Support Levels:
S1: $0.4240
S2: $0.4230
Major Support: $0.4200
Resistance Levels:
R1: $0.4295
R2: $0.4324 (MA99)
Major Resistance: $0.4370 – $0.4380
Targets:
Short-Term Target:
$0.4290 – $0.4315
Mid-Term Target:
$0.4345 – $0.4380 (only if volume picks up above MA25)
This is only chart-based analysis, not financial advice.
Will ADA give a reversal from here or is another dump possible? Share your opinion!
