RizeSenpai

ADA Breaking Through It's Last Major Support After Failed Rally

Short
FTX:ADAPERP   Cardano Perpetual Futures
All ADA managed to do here from it's 35% PCZ /Congestion Area was Pathetically Test the top of the Congestion zone as Resistance and further solidify the Bearish Trend we are in. We are now breaking through ADA's last major support level and there's nothing below that it can catch support from until it reaches 39 cents.

On a side note we also confirmed some really nice looking Hidden Bearish Divergence on the MACD .