May 6, 2026

ADAUSD ❕ downtrend channel

ADAUSD ❕ downtrend channel

ADAUSD ❕ downtrend channel

ADAUSD ❕ downtrend channel

Cardano / TetherUS BINANCE:ADAUSDT
Solldy


ADAUSD ❕ downtrend channel

After a successful fall from the previous idea, the price corrected to the upper boundary of the descending channel and formed an ascending wedge with lower volumes and volatility . The price is still under 200MA, so I expect a retest of the resistance level , fixing under the upper boundary of the channel and then reaching the support level .

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