- ADA is testing a 4-hour demand zone, but the daily demand below looks stronger
- Lack of liquidity near price makes this an uncertain area to trade
- H2 supply and demand zones could provide better entry points for buys and sells
Cardano ($ADA) has retraced almost its entire recent daily structure, leaving traders questioning what comes next.
Right now, it’s sitting on a 4-hour demand zone, which could trigger a reaction.
However, the daily demand below looks much stronger, making it a better area to watch for potential buy setups.
That said, liquidity is lacking near the current price, meaning ADA isn’t providing clear signals just yet.
Personally, I wouldn’t rush into a position here. But if I had to mark out key zones, I’d be watching a 2-hour supply zone above for potential sells and a 2-hour demand below for buys.
Cardano Analysis: Is a Big Move Coming?
Daily & H4 Demand Zones: Where Will ADA React?
Looking at the daily timeframe, ADA has pulled back significantly, erasing most of its previous bullish structure. Right now, it’s testing a 4-hour demand zone, but the daily demand lower down looks more attractive.
If price reaches that deeper level, it could set up a stronger buy opportunity. But for now, patience is key—without clear liquidity nearby, the market isn’t giving us strong clues.
H2 Supply & Demand: Two Zones to Watch
Zooming into the H2 timeframe, two key levels stand out:
- Supply Zone Above – A potential sell area if price reaches it.
- Demand Zone Below – A more favorable buy area, aligning with stronger daily demand.
With no immediate liquidity traps in sight, ADA may continue ranging before a decisive move. If you’re aggressive, you could look for setups within these zones, but staying patient might be the smarter play.
Final Thoughts: Be Prepared for Any Scenario
At the end of the day, we can’t predict the market with 100% certainty.
ADA could still surprise us with unexpected moves, and blindly following a setup without understanding the liquidity landscape is risky.
If you’re trading ADA, stay flexible and let price action confirm your bias before jumping in. And if you’re looking for a solid platform to trade, Weex offers a seamless experience for crypto traders—definitely worth checking out!
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
