CARDANO $ADA AT A CROSSROADS: WILL IT BREAK $0.40 OR RETREAT? 🧐
• $ADA's 14-Day RSI is at 46.67, indicating a neutral market sentiment.
• Momentum remains weak, with reduced volume-driven conviction; stronger volume is needed for a clear bullish breakout.
• Candle structure shows lower highs, despite a short-term higher low, indicating ongoing uncertainty.
🟢 Support Zone: $0.35, $0.34
🔴 Resistance Zone: $0.38, $0.40
⚖️ Bias: Neutral
Current consolidation and weak momentum despite optimistic long-term forecasts indicate immediate uncertainty, requiring a clear breakout for conviction.
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