$ADA A / USD — Market Still Weak, 4,000 Is the Key Level
Cardano is still struggling to shift momentum. The overall structure remains bearish, and the recent price bounce looks more like consolidation than a true trend reversal.
The 4,000 zone is the most important level right now. This area previously acted as strong support, but after the breakdown, it has flipped into major resistance. Any move toward this level that fails to break above it could trigger another downside move.
On the lower side, 3,434 is the first support to monitor. If selling pressure increases, price may slide toward 3,257, with 3,000 standing as the next strong demand zone.
The bearish outlook only changes if ADA manages a daily close above 4,000. A confirmed breakout and hold above this level could open the door for upside targets around 4,214 and potentially 4370