$ADA has spent weeks drifting lower, slowly grinding into a well-defined demand zone that has held multiple times in the past.
The recent reaction suggests selling pressure is easing rather than accelerating. If buyers continue to defend this area, ADA could begin forming a base before attempting a recovery toward higher resistance levels.
Volume and broader market sentiment will be key in confirming any upside follow-through.
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$ADA has spent weeks drifting lower, slowly grinding into a well-defined demand zone that has held multiple times in the past.
The recent reaction suggests selling pressure is easing rather than accelerating. If buyers continue to defend this area, ADA could begin forming a base before attempting a recovery toward higher resistance levels.
Volume and broader market sentiment will be key in confirming any upside follow-through.
#ADA #Cardano