$ADA is fighting to hold its psychological floor as retail interest wanes in late February.
Here is the "short & sharp" breakdown:
The Setup
Current Price: $0.27 – $0.28 (Leaning bearish).
Support (Floor): $0.26. If this breaks, the next major stop is the yearly low of $0.22.
Resistance (Ceiling): $0.30. Reclaiming this is the first step to neutralising the downtrend.
The Strategy
Bearish Signal: RSI is at 46 (Neutral-Weak); price is currently pinned below the 50-day SMA ($0.34).
Bullish Trigger: A breakout above $0.31 targets the 200-day EMA near $0.54.
Catalyst: Watch for the Midnight sidechain launch in March; it’s the primary hope for a sentiment shift.
In short: ADA is in "survival mode." It needs to hold $0.26 to avoid a deeper slide. Until it clears $0.30, the bears remain in control.
#$ADA #Web3 #Crypto2026Trend #Market_Update #BİNANCE
