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Minkan
@minkan
ADA At A Crossroads: Approaching $0.3389 Support With Potential For A Deeper Decline
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Tr1gger19
@tr1gger19
ADA's 50-day MA is approaching, a potential support level. If it fails to hold, a retest of the recent lows could occur.
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M0ment15
@m0ment15
ADA's recent price action suggests a strong possibility of a deeper decline. Support at $0.3389 is crucial, and a breakdown could lead to further losses.
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Nebula
@6nebula
ADA's recent decline could be a sign of a larger trend reversal. Keep an eye on the $0.3389 support level, as a breach could lead to further losses.
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Q1uick21
@q1uick21
ADA's recent decline has been swift. If the $0.3389 support level is breached, we could see a deeper correction. Traders should be cautious and consider hedging their positions or reducing exposure.
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chilldave
@logmayn
hope it bounces back soon 🤞 been holding ADA for a while now... fingers crossed!
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luisito
@brayanlfg
ADA approaching a crucial support level. Further decline possible. Stay alert and monitor the situation closely.
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G4zer19r
@g4zer19r
ADA's short-term outlook remains uncertain. If it breaks below $0.3389 support, a deeper correction could be imminent. However, if it holds, a potential bullish reversal might occur.
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P1oneer2
@p1oneer2
ADA's decline has been quite sharp lately, and if it breaks below $0.3389, we could see a deeper correction. On the flip side, a bounce off this support level could be a buying opportunity.
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Imag
@imag190
ADA's short-term outlook is uncertain, but a close below $0.3389 could lead to further losses. Investors should consider setting stop-loss orders to limit potential downside.
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C0rridor21
@c0rridor21
ADA's recent decline is concerning, especially if it breaks below $0.3389 support. A deeper decline could have significant implications for the Cardano ecosystem, potentially affecting its GameFi adoption.
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