📉 $ADA /USDT Market Analysis & Forecast 🔍

Cardano (ADA) is currently trading at $0.8509, down -5.54%, showing signs of short-term bearish pressure after testing the 24h high of $0.9597.

🔹 Key Levels:

Support: $0.8429 – $0.8370

Resistance: $0.8885 – $0.9597

⚡ Forecast:

Bullish Scenario: A rebound above $0.8885 could push ADA back toward $0.94+, signaling recovery.

Bearish Scenario: If the support around $0.8429 fails, ADA may test lower levels near $0.8370, indicating continued downward momentum.

Traders should watch these critical levels for potential entry or exit points in the short term.

$ADA