Cardano / TetherUS PERPETUAL CONTRACT
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ADAUSDT → Correction (hunt for liquidity) before the fall

1 719
ADAUSDT is pausing in the 0.41 area and entering a correction phase, during which it may test the zone of interest in a bearish market.

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Bitcoin failed to overcome resistance at 92K, with economic data intensifying bearish pressure, resulting in another decline. The market is stagnant within the trading range, and any correction could quickly turn into a sharp decline...
ADA is forming a halt in the 0.41 zone and is entering a phase of local correction. The zone of interest is 0.426 - 0.434 (the area of local trend support breakdown). A retest of resistance may end in a false breakout...

Resistance levels: 0.421, 0.426, 0.434
Support levels: 0.409, 0.392


A false breakout of the resistance zone or a retest of the previously broken support of the uptrend may end in pressure from the bears. The correction may be followed by a continuation of the downtrend and the zone of 0.421 - 0.434

Best regards, R. Linda!
Trade ativo
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