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Cardano is trading at $0.2126, after bouncing off the 24h low of $0.2080. The price is still below EMA5 ($0.2132), EMA10 ($0.2133), and EMA30 ($0.2152), so the short-term trend remains bearish. But here’s the interesting part: MACD is showing DIF (-0.0013) just above DEA (-0.0016), with the histogram turning slightly positive at 0.0002. That tells me bearish momentum is fading and a bullish crossover could be forming. Volume is also elevated at 4.23M, above the 10-period average of 3.64M, meaning buyers are stepping in. If ADA can hold above $0.2080, I’m expecting a relief bounce toward $0.220 and $0.225. But if it breaks below $0.2080, this setup is invalid and the next support is around $0.200.
Trading Plan:
· Entry: $0.211 – $0.213
· Stop Loss: $0.206
· TP1: $0.220
· TP2: $0.225
· TP3: $0.230
👇 Do you think ADA will bounce from here or continue its slide? Drop your thoughts below!#GateTop4MainstreamCEX #AppleSeptemberEvent