Cardano traded near $0.35 on the daily chart as Defi Priest, a crypto trader on X, said the higher time frame trend still leans bearish.
The shared chart showed ADA around $0.351 with the latest swing low marked near $0.34021.
Defi Priest said the 4 hour structure still has multiple unfilled fair value gaps, which can act as magnets for price.
He highlighted $0.45988 to $0.43969 as a point of interest, which sits above current levels and overlaps prior supply zones on the chart.
He added that an internal change of character into that band would act as his confirmation signal.
In his scenario, that shift would set up short positions that aim back toward the recent low at $0.34021, while the broader trend stays under pressure unless price regains and holds above the highlighted overhead zones.
ADA holds a defined range as trader flags $0.40 “inefficient wick” target
Cardano’s ADAUSDT perpetual contract traded near $0.3527 on the 2 hour Bybit chart as The Penguin said the multi time frame setup “looks really clean” after an impulse move and a completed correction.
The chart header showed the snapshot was created on Dec. 30, 2025 at 15:35 UTC, with price moving inside a clear range.
The range top sat near $0.38, which acted as the recent ceiling before the pullback.
Meanwhile, the range floor clustered around the mid $0.34s, where candles repeatedly bounced and where the latest price action hovered.
The chart also marked an “inefficient wick” area around $0.4002, which The Penguin framed as an upside magnet if the range breaks higher.
The Penguin said he is interested “at range lows,” and he set invalidation at the current low.
On the chart, that downside line sat around $0.3387, while the upside target zone extended toward the $0.40 level.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: December 31, 2025 • 🕓 Last updated: December 31, 2025
