Cardano (ADA): Bearish Momentum Expected to Continue Near Key R🔥 Potential Price Targets for Next Month:
🩸 Near-term Goal: $0.95
🩸 Long-term Goal: $0.85
🔥 FinCaesar's Strategy:
🩸 Short: Below $1.00, targeting $0.95 and $0.85. Bearish MACD momentum and continued selling pressure support further declines.
🩸 Long: Above $1.08, aiming for $1.10 and $1.15. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $1.08 — The next key resistance level for the bulls to challenge.
🩸 Support: $0.85 — Breaking below this level could open the door for further declines.
Cardano continues to face downward pressure, with MACD showing weakening bullish momentum. A breakdown below $0.85 could signal more significant declines in the coming month.
👑 "Only those who act swiftly will secure victory—move without hesitation." — FinCaesar