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crypto.news 2025-06-20 12:38:06

Cardano price flirts with make-or-break level: is a reversal incoming?

Cardano is rapidly approaching a critical high time frame support zone near $0.49 after rejecting from the value area high in recent price action. This level holds key technical confluence and is likely to determine whether ADA continues its current range or shifts into a new trend. Cardano’s ( ADA ) structure has shifted from a previously sustained bearish trend with consecutive lower lows into one that may now be forming a higher low, setting the foundation for the next major move if demand steps in at support. Key technical points, Support Zone: $0.49 high time frame support with resting liquidity and point of control confluence Market Structure Break: A prior bearish trend was broken by a strong impulse, creating a new swing high Range Structure: ADA is currently ranging between $0.49 support and $1.19 resistance ADAUSDT (1W) Chart, Source: TradingView After rejecting from the value area high, ADA is now declining toward $0.49, a zone with high technical importance. This area holds the point of control from the current range and also acts as a liquidity pool below the recent consolidation. If price sweeps into this region and reclaims it on strong volume, it would confirm a higher low and signal continuation of the new bullish structure. Previously, ADA had been trading within a sustained bearish structure, with lower highs and lower lows. This changed when a sharp impulsive move broke the structure, printing a new swing high and invalidating the prior downtrend. Since that move, price has been searching for a higher low, and $0.49 is the prime candidate to establish it. You might also like: Gate releases May 2025 Transparency Report: Brand revamp ignites strategic acceleration That said, for ADA to maintain its newly emerging bullish structure, this support must hold. A loss of $0.49 could invalidate the range and open the door for a much deeper retracement. Conversely, a bounce from this level, especially if it’s backed by strong demand and volume, could send ADA rotating back toward the range high at $1.19. Until one of these levels breaks decisively, ADA remains range-bound. The edges of the range offer the best risk-to-reward setups for both bulls and bears. What to expect in the coming price action ADA is nearing a critical support zone that may act as a launchpad for a new leg higher, but only if buyers show up. As long as $0.49 holds, the structure remains bullish. Watch for a volume-backed bounce or breakdown to signal the next trend move. Read more: World App’s parent company acquires Dawn Wallet, warns of an app ‘wind down’

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