$ADA /USDT Breakdown Phase — Trying to Build a Base

Cardano topped near 0.43 and has been in a clear bearish structure since, with consistent lower highs and lower lows on the daily chart. Price recently swept liquidity around the 0.22 zone and bounced, showing short-term buyer interest. However, the market is still weak and moving inside a recovery range. This looks more like stabilization after a sell-off, not a confirmed reversal yet.

A trend shift will need strong acceptance above key resistance.

Trade Setup

Entry: 0.26 – 0.275

Target 1: 0.30

Target 2: 0.34

Target 3: 0.38

Stop Loss: 0.22

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ADA
ADA
0.2654
-0.37%

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