Cardano is back on traders’ radar after analyst Ali Martinez pointed out a new TD Sequential buy signal on the weekly chart.
This comes after months of steady downside that pushed the ADA price from above $0.90 down into the $0.37–$0.41 range. The signal indicates selling pressure may finally be cooling off, but Ali is very clear about one thing: this setup only works if ADA can stay above $0.37.
The TD Sequential is often used to spot moments when a trend starts to lose momentum, especially on higher timeframes. In this case, it’s flashing after a long stretch of bearish candles, which tells us the market may be getting tired of selling. That doesn’t mean price immediately takes off, but it does mean conditions are changing.
What you'll learn 👉
Why $0.37 Is the Line in the Sand for ADA
If you look at the chart shared by Ali, the $0.37 level stands out for a few reasons. It lines up with a key Fibonacci support zone and has already acted as a floor where buyers stepped in.
Recent candles show long lower wicks and smaller bodies, which usually means demand is starting to absorb supply.
As long as the ADA price holds above this level, the structure stays constructive. In that scenario, the next big level to watch is around $0.54. That area matches the 0.618 Fibonacci retracement of the larger drop and was an important support earlier in the year. If price gets back there, it’s likely to be a serious test.
On the flip side, losing $0.37 would change the picture quickly. A breakdown would likely drag the ADA price back into the mid-$0.30s, where the next meaningful support zone sits.
Read Also: Midnight Network Is Live on Cardano, and ADA Suddenly Looks Very Different
The Bigger Weekly Picture
Zooming out, Cardano is still technically in a downtrend. Lower highs and lower lows haven’t been broken yet, so this is not a confirmed reversal.
That said, momentum indicators are resetting and volatility has tightened up. Those conditions often show up near turning points, when the market is deciding its next major move.
Ali’s take is cautious but clear. The buy signal opens the door for a bounce, but confirmation only comes if buyers defend support and price starts building higher weekly closes.
What This Means for ADA Going Forward
Right now, the ADA price is at a decision point. Holding above $0.37 keeps the bullish scenario alive and puts $0.54 back on the table.
Falling below it would invalidate the setup and likely lead to more downside before any real recovery attempt.
ADA isn’t flashing a full trend reversal yet, but the chart does indicate the worst selling pressure could be behind it. From here, patience matters. The next few weekly closes will tell us whether this buy signal turns into something bigger or fades away.
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