#CardanoDebate
đš$ADA is under pressure after a heated treasury debate, but technical signs suggest a golden entry may be near đ
đ Recent Price Drop: -6% after proposal to deploy 140M ADA for stablecoin liquidity
đ§ Market Mood: Bearish bias with RSI oversold on multiple timeframes â whales have dumped over 270M ADA last week!
đ Key Levels:
âą Support: $0.620 â $0.625
âą Resistance: $0.642 â $0.650
âą Volume Spike = possible seller exhaustion
đŻ Day Trade Plan:
âą â Entry: $0.620â$0.625 zone (watch for bullish RSI/MACD on 5â15m)
âą đ Stop: Below $0.618
âą đ Target 1: $0.642
âą đ„ Target 2: $0.650
đ ADA is consolidating, but treasury tensions and macro risks could swing it fast. Stay sharp.