$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