$ADA Channel Descent – Support Defense Incoming?Cardano / TetherUSBINANCE:ADAUSDTAltcoinPioonersADAUSDT ADA Channel Descent – Support Defense Incoming? Current trend: ADA's sliding in a clear descending channel from 0.68 peaks, now coiling near 0.535 support—sellers fading with low-volume probes, classic setup for alt rebound vibes 🛡️. Hold support? Bullish yes; EMA confluence and prior bounces scream strong defense potential. Breakout above resistance? Watch 0.62 flip—could unleash 6-8% surge to channel top 🚀. Dip risk? Mild to 0.52 on crack, but oversold caps the pain. Target: Short-term 0.58 bounce; stretch 0.65 on momentum. Indicators tracking: RSI (33, oversold snapback), Channel lower bound, and MACD histogram lift 📊. #ADATrading #CryptoChannel #AltcoinPioneers