Cardano SuperTrend Flips Bearish as ADA Tests $0.21 Support
- —ADA's SuperTrend flipped negative for the first time since May 22, when a 46% correction followed
- —ADA trades near $0.217, just above the lower edge of its rising channel
- —A daily close below $0.21 would open the path toward $0.17
- —Wallets holding 100M–1B ADA showed little net change over the past 10 days
Why it matters: A break below $0.21 would confirm the trend reversal and could accelerate a drop toward $0.17, while holding the level keeps the uptrend structure intact.
Source: DailyCoin