ADA has pushed up nearly +4%, breaking past prior resistance and now testing a fresh supply zone around 0.8375. This move aligns with previous rejection areas, and price action is showing signs of slowing down here.
Key Technical Zones:
Supply Zone: 0.8375 – 0.8450 (price reaction area, possible reversal).
Support Zone 1: 0.7729 – Old resistance turned support.
Demand Zone: 0.6951 – Strong previous buy interest.
Trade Outlook:
Short-Term Bearish Bias
Strong supply zone reaction likely unless a breakout is confirmed.
Ideal short entry on bearish candle confirmation.
TP1: 0.7729 | TP2: 0.6951 | SL: Above 0.8460
Alternative Bullish Breakout:
Clean break and retest above 0.8450 opens the door for a continuation move.
Wait for confirmation before buying high.
Volume + Structure = Caution Here!
What’s your plan – short from resistance or wait for breakout?
#ADA #Cardano #CryptoAnalysis #PriceAction #SupplyAndDemand #LuxAlgo #TradingView #CryptoTraders #Altcoins
Key Technical Zones:
Supply Zone: 0.8375 – 0.8450 (price reaction area, possible reversal).
Support Zone 1: 0.7729 – Old resistance turned support.
Demand Zone: 0.6951 – Strong previous buy interest.
Trade Outlook:
Short-Term Bearish Bias
Strong supply zone reaction likely unless a breakout is confirmed.
Ideal short entry on bearish candle confirmation.
TP1: 0.7729 | TP2: 0.6951 | SL: Above 0.8460
Alternative Bullish Breakout:
Clean break and retest above 0.8450 opens the door for a continuation move.
Wait for confirmation before buying high.
Volume + Structure = Caution Here!
What’s your plan – short from resistance or wait for breakout?
#ADA #Cardano #CryptoAnalysis #PriceAction #SupplyAndDemand #LuxAlgo #TradingView #CryptoTraders #Altcoins
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.