Paul Bennett

🔵 Cardano Stuck Below $0.53 🚨

$ADA recovery now hinges entirely on one thing: a clean breakout above $0.53. Until that happens, any talk of reversal remains speculation.

📊 Key Technical Signals

• RSI bullish divergence - price made a higher low while RSI made a lower low → early sign of weakening selling pressure

• Chaikin Money Flow remains negative → institutional demand is absent

• Weak rallies over the past weeks show limited buyer follow-through

• $0.53 = critical resistance Cardano must flip to confirm an uptrend

📊 What ADA Must Do Next

• 🟢 Bullish Path:

Break and hold above $0.53 → opens room for higher targets and a real trend reversal

• 🔴 Bearish Path:

Fail to reclaim $0.53 → ADA stays range-bound, momentum remains weak, upside delayed. Drop below support → extends stagnation into 2025

$ADA is building aggressively - but price won’t care until buyers step in.

Right now, RSI shows hope, CMF shows doubt, and $0.53 decides the winner.

#BTC Price Analysis# #BTC100K #MarketAnalysis

WhiteBIT Chart (5D): $ADA