ADA/USDT | ADA Slips Below Support – Watching $0.61 for Support!

Aug 1

By analyzing the Cardano chart on the 3-day timeframe, we can see that the price failed to hold above the $0.75 support and is currently trading around $0.72. Given the current momentum, a deeper correction for ADA seems likely. If the price fails to stabilize above $0.69, we could see a sharp drop toward the $0.61 zone. If ADA reaches this key support area, keep a close eye on it — a strong bullish reaction could lead to the next big upside move!

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Best Regards , Arman Shaban

Aug 2

Trade active

By analyzing the Cardano chart on the 3-day timeframe, we can see that the price failed to hold above the $0.75 support and is currently trading around $0.72. Given the current momentum, a deeper correction for ADA seems likely. If the price fails to stabilize above $0.69, we could see a sharp drop toward the $0.61 zone. If ADA reaches this key support area, keep a close eye on it — a strong bullish reaction could lead to the next big upside move!

Aug 5

Trade closed: target reached

By analyzing the Cardano chart on the 3-day timeframe, we can see that the price is currently fluctuating around $0.73. If ADA manages to hold above the $0.69 support level, we can expect further upside movement. The next potential targets are $0.76, $0.85, and $1.00.