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🚀 ADA: Watch Out for the Liquidity Sweep! 📉📈
Cardano ($ADA) is approaching a critical junction. Looking at the 3D chart, the price action suggests a potential "Stop Loss Hunt" before the next big move.
🔍 Key Outlook:
The Level: Support is sitting at $0.2737.
The Trap: Expecting a move to "fail" or break below this support level temporarily. This is a classic liquidity grab to flush out weak hands.
The Bounce: Once the liquidity is cleared and RSI (currently at 30.95) confirms the oversold bounce, we could see a strong reversal.
Targets: If the sweep holds, look for a recovery back toward $0.45+.
Strategy: Don't FOMO. Wait for the support hunt and look for a strong reversal candle.
#ADA #Cardano #CryptoAnalysis #TradingTips #Binance #WhaleWatch #ADA
Cardano ($ADA) is approaching a critical junction. Looking at the 3D chart, the price action suggests a potential "Stop Loss Hunt" before the next big move.
🔍 Key Outlook:
The Level: Support is sitting at $0.2737.
The Trap: Expecting a move to "fail" or break below this support level temporarily. This is a classic liquidity grab to flush out weak hands.
The Bounce: Once the liquidity is cleared and RSI (currently at 30.95) confirms the oversold bounce, we could see a strong reversal.
Targets: If the sweep holds, look for a recovery back toward $0.45+.
Strategy: Don't FOMO. Wait for the support hunt and look for a strong reversal candle.
#ADA #Cardano #CryptoAnalysis #TradingTips #Binance #WhaleWatch #ADA
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