ADA is finding support around the $0.37 level after pulling back on the 4-hour chart. The bulls haven't given up yet—they're actively working to anchor price here, but there's real overhead resistance lurking between $0.40 and $0.42. If buyers can push through that supply zone, we could see a solid relief rally unfold. On the flip side, if sellers step in and reject this area, downside pressure remains a genuine threat. The next move will likely be determined by how price reacts at those key resistance levels.
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pvt_key_collector
· 4h ago
Can this support at 0.37 hold? It feels a bit precarious...
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LightningHarvester
· 4h ago
It would be good if this position of 0.37 can hold, but the real test is at the 0.40-0.42 threshold; if it can't break through, it will continue to price drops.
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LiquidationTherapist
· 5h ago
ADA is braking again at 0.37. I see that long positions don't have any new tricks, so we'll see if it can get past the 0.40 hurdle. If it can't break through, I think it will have to drop further.
ADA is finding support around the $0.37 level after pulling back on the 4-hour chart. The bulls haven't given up yet—they're actively working to anchor price here, but there's real overhead resistance lurking between $0.40 and $0.42. If buyers can push through that supply zone, we could see a solid relief rally unfold. On the flip side, if sellers step in and reject this area, downside pressure remains a genuine threat. The next move will likely be determined by how price reacts at those key resistance levels.