🔵 Cardano $ADA
🚨 TRADE SIGNAL: NO TRADE / AVOID$FTT
Bias: Bearish ⚪$ALLO
Zone to Watch: $0.68 (Major historical support)
💡 Technical Logic: ADA is currently "dead money." It is strictly following BTC's downside but with less liquidity. It is down ~3% today. There is no idiosyncratic catalyst to drive it up.
Strategy: If you must trade it, Short a break of $0.70 targeting $0.65. Otherwise, capital is better deployed in higher volatility assets like SUI or XRP.
#ADA #Cardano #USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH
