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#ADAUSDT — Weekly Outlook: At a Critical Zone ⚠️📊
On the weekly timeframe, the #ADA price has fallen below the ascending flag level, invalidating previous bullish expectations.
The price is currently stabilizing at a major weekly support zone (0.269 - 0.327 USD). This zone has previously seen a strong rebound, but if broken, the #ADA price could enter a broader bearish market 🐻
Momentum Indicator:
The Relative Strength Index (RSI) is approaching the oversold region. A slight increase towards $0.450 - $0.470 is likely next week
$ADA