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
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✅Personal Telegram
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✅Suggested News Channel
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.