📉 $ADA /USDT: Testing Critical Support! 📉
$ADA is currently fighting to hold a fresh demand zone near 0.31. After a persistent wave of selling throughout January, the price has hit its lowest levels of the year, and buyers are finally starting to show some interest. 🛡️
📊 Market Context (Jan 31, 2026)
* Current Status: $ADA is hovering around $0.311 - $0.312, down over 10% this week.
* Momentum: Weak, but the RSI is dipping into oversold territory (~31), suggesting the selling pressure may be overextended. 🧱
* The Decision Point: This is a "make or break" level. Holding here confirms a bottom; failing to hold could open the doors for a slide toward $0.27.
🚀 Recovery Targets
If the 0.31 support holds, we are looking at these relief bounce targets:
1️⃣ Target 1: 0.318 🎯
2️⃣ Target 2: 0.328 🎯
3️⃣ Target 3: 0.340 🔥
💡 Trader's Note
Watch for a bullish engulfing candle or a spike in volume at this 0.31 level as confirmation that buyers have officially taken over. Until then, keep your stops tight! 🛡️✅
#ADA #ZAMAPreTGESale #FedHoldsRates #Cardano #TradingAlert
