ADA is currently consolidating after recent gains, and traders are keeping a close eye on the $0.383 level—it's become a critical pivot point. If this level gives way, we could see selling pressure push the price down toward the descending trendline that's been defining the upper boundary of this move. The real floor to watch? That would be the $0.347 support zone. Breaking below there would shift the short-term sentiment significantly. For now, it's a matter of which way momentum tilts first.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
3
Repost
Share
Comment
0/400
LiquidityWitch
· 01-08 17:57
0.383 If I can't break it, I don't believe Ada can really fall.
View OriginalReply0
zkProofGremlin
· 01-08 17:46
0.383 I can't believe this hurdle can't be overcome, but to be honest, it feels pretty dull right now.
View OriginalReply0
MysteriousZhang
· 01-08 17:37
If we can't break through this 0.383 level, I feel like we still need to keep grinding, but I'm worried that a single poke might push us all the way down to 347.
ADA is currently consolidating after recent gains, and traders are keeping a close eye on the $0.383 level—it's become a critical pivot point. If this level gives way, we could see selling pressure push the price down toward the descending trendline that's been defining the upper boundary of this move. The real floor to watch? That would be the $0.347 support zone. Breaking below there would shift the short-term sentiment significantly. For now, it's a matter of which way momentum tilts first.