ADA has extended its bearish run and is now testing a key flag support at $0.19, which represents the last major technical barrier maintaining its broader bullish structure. Whale activity is rising near this critical level, suggesting increased participation from larger players and potential higher volatility ahead. Despite this, sellers have dominated the Futures market for seven consecutive days, creating a conflicting setup with the growing whale interest. The Cardano Foundation joining Mastercard’s Crypto Partner Program has yet to generate any reaction on ADA’s daily chart, leaving technical factors as the main price driver. A decisive breakdown below $0.19 could invalidate the bullish setup, while a successful defense could provide buyers with a foundation for a reversal.
Source: Read the original article
