ADA price steadies at $0.7264 after testing a low of $0.7193, with growing buyer interest potentially fueling a short-term rebound.
ADA Holds Above Key Intraday Support
Cardano (ADA) is currently trading at $0.7264, showing a mild gain of +0.18% on the 15-minute chart. After a sharp decline earlier in the session, the price found support at $0.7193 and has since stabilized. According to the trader's post on Twitter, this zone is seen as a potential rebound area, with price action signaling a pause in bearish momentum.
Buyer Strength at 51% Could Spark ADA Recovery
The post highlights that buyer strength now stands at approximately 51%, indicating a possible shift in market sentiment. While ADA hasn't yet reclaimed higher resistance levels like $0.7350, the ongoing accumulation near the bottom range suggests bulls may be preparing for a bounce.
However, without a clean breakout above short-term resistance levels, the current move remains tentative.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Cardano (ADA) Price Eyes Bounce from Local Support Zone
ADA price steadies at $0.7264 after testing a low of $0.7193, with growing buyer interest potentially fueling a short-term rebound.
ADA Holds Above Key Intraday Support
Cardano (ADA) is currently trading at $0.7264, showing a mild gain of +0.18% on the 15-minute chart. After a sharp decline earlier in the session, the price found support at $0.7193 and has since stabilized. According to the trader's post on Twitter, this zone is seen as a potential rebound area, with price action signaling a pause in bearish momentum.
Buyer Strength at 51% Could Spark ADA Recovery
The post highlights that buyer strength now stands at approximately 51%, indicating a possible shift in market sentiment. While ADA hasn't yet reclaimed higher resistance levels like $0.7350, the ongoing accumulation near the bottom range suggests bulls may be preparing for a bounce.
However, without a clean breakout above short-term resistance levels, the current move remains tentative.