Red The Mal Kurs RED

when i will get these red tokins

Cardano (ADA) recently saw price volatility, driving major support levels after a bullish breakout. The market is unstable as ADA pulls back after hitting resistance near $1.20, with technical indicators showing shifting momentum. According to Sssebi, ADA recorded a steep upsurge, reaching a peak of about $1.177 before hitting a resistance barrier. The price thereafter fell back to a key support level of about $0.92, a zone of historical consolidation. The 50-day Simple Moving Average (SMA) at $0.853 played a pivotal role in providing dynamic support. ADA’s breakout past $0.80 and $0.90 signaled strong bullish momentum before meeting resistance near $1.10–$1.20. A red horizontal line on the time frame indicates a significant level at $0.90, where price fluctuations have been concentrated. The volume indicator shows a spike in trading activity during the breakout phase, confirming increased market participation. He noted that a decline in volume suggests a reduction in buying pressure following the initial rally. Sssebi noted that the RSI indicator recently entered overbought territory above 70 before declining to approximately 42.96. This indicates that bullish momentum has weakened, aligning with ADA’s retracement. A descending yellow trendline was broken as buyers regained control, forming a parabolic movement before resistance was met. Market watchers project that the market structure remains bullish , but short-term corrections are evident. Candlestick wicks at recent highs indicate rejection at higher levels, reinforcing the $1.20 resistance zone. The 50-day SMA continues to act as a critical support level. The price movement around this level will determine ADA’s next trend. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Again, only other possibility is in the red block but overall zoomed out version looks bad- but looking at the weekly it's possible to still turn here. The read is not easy. Again, the bearish view has taken the lead now especially with the backdrop of stocks

$HOOD - Probably fire some money back into this one at low or sub $40s. Red candles aren't scary when you take profits and get to be patient in cash.

$ETH - That's just too big of a red candle not to buy. It's not much but grabbed a little more.