Overview
- ADA trades near $0.37 within a $0.33–$0.36 demand zone that has contained recent declines.
- Several analysts flag a developing inverse head‑and‑shoulders, with a decisive break above $0.40 viewed as the trigger for a bullish shift.
- Some strategists urge patience, calling for a daily close above roughly $0.45 to avoid weeks of stagnant returns.
- Weekly MACD readings show early stabilization after a prolonged bearish phase, suggesting fading downside momentum without yet confirming a turn.
- Market activity remains subdued, with spot volume around $702 million and open interest down 1.10% to $650.16 million, as traders weigh upside targets near $0.46–$0.50 against risk toward $0.27 if $0.33 fails.