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#ADA
🔥 ADA Price Forecast👇
🔴 The bears' plan is very clear
The bears now have one goal:
👉 Drive the price below $0.34
Once successful, the market may accelerate downward:
First target $0.33
If it can't hold, the October 10 low of $0.27 will likely be tested again⚠
In one sentence: $0.34 is one of the last lines of defense for the bulls
🟢 The bulls need to show strength to turn the tide
What is the first real sign of strength?
👉 Price breaks through and closes above the 20-day moving average
As long as it holds, the bulls will officially be back at the table♟
Subsequently, ADA is expected to rebound to:
50-day moving average of $0.41 (here, the bears will definitely defend fiercely)
Once this line of defense is broken,
👉 The breakout level of $0.50 is not far away🔥