Technical analysis by Richtv_official about Symbol ADA on 12/29/2025

Cardano (ADA) just lost key support at $0.40, and although it closed the week slightly green, this level now flips into strong resistance moving forward. 🔻 Bearish Momentum Remains Dominant Since the October 10th breakdown, ADA has been stuck in a strong downtrend with minimal relief. The price action remains clearly bearish, and there's little evidence of buyer demand stepping in. 📉 Next Target: $0.30? If sellers maintain pressure, the next key level to watch is $0.30. A failure to hold there could open the door for even lower lows unless bulls step in aggressively. 🕵️‍♂️ Watchlist Status: On Alert ADA needs a clear bullish reversal to shift sentiment. Until then, the trend remains bearish.