$ADA #

🔷 ADA/USDT Market Update | October 11, 2025

Price: $0.6503 ▼ (-20.04%)

24h High: $0.8242 | 24h Low: $0.2737

24h Volume: 993.2M ADA ($631.78M in USDT)

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📊 Market Overview

Cardano (ADA) witnessed a significant 20% correction, pulling back from its recent high near $0.82 to around $0.65.

This sharp move came amid overall market weakness and increased volatility in Layer 1 assets.

Despite the decline, trading volume remains strong, suggesting active participation and potential accumulation at lower levels.

The drop coincides with Binance Academy’s Cardano Fundamentals Course launch, drawing renewed community interest even as the price stabilizes.

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📈 Technical Indicators

Indicator Value Signal

MA(7) 0.6498 Testing short-term support

MA(25) 0.7275 Immediate resistance

MA(99) 0.8007 Long-term bearish zone

Volume (24h) 15.36M High volatility

ADA is trading below key moving averages, confirming a short-term bearish trend, but the MA(7) is closely aligned with the current price — indicating a possible near-term stabilization zone.

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🔍 Key Levels

Type Price Remarks

Resistance 1 0.727 First recovery target

Resistance 2 0.824 24h high / major barrier

Support 1 0.609 Key support zone

Support 2 0.488 Lower support

Extreme Low 0.273 Flash dip / liquidity zone

If ADA holds above $0.60, buyers may attempt a recovery toward $0.72–$0.82.

A break below $0.48, however, could extend the correction phase.

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🧭 Outlook

Trend: Bearish short-term

Momentum: Weak, but potential base forming

Volatility: High

Market Sentiment: Cautiously bearish

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💬 Caption for Post:

> 🔷 Cardano Sees Heavy Correction!

ADA plunges 20% to $0.65 after hitting highs near $0.82 ⚠️

Strong trading volume shows traders are still active — watch for support around $0.60 and a rebound toward $0.72+ if momentum returns.

#ADA #Cardano #CryptoUpdate #Binance #USDT #Layer1

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