ADA - CARDANO, has broken out from a key structure zone near 0.7780
As long as the price remains below this level, the likelihood of a decline toward 0.6490 and potentially 0.5580 remains elevated.
This bearish potential is further supported by BTC, which appears to be entering a broader corrective phase or possibly accumulating before the next upward leg.
This uncertainty is exerting short-term selling pressure across altcoins. While this could hint at an emerging shift in trend, it's premature to confirm any long-term directional change at this stage.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
As long as the price remains below this level, the likelihood of a decline toward 0.6490 and potentially 0.5580 remains elevated.
This bearish potential is further supported by BTC, which appears to be entering a broader corrective phase or possibly accumulating before the next upward leg.
This uncertainty is exerting short-term selling pressure across altcoins. While this could hint at an emerging shift in trend, it's premature to confirm any long-term directional change at this stage.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.