I think it will drop a little more, on Sunday it will rise by 10%

🚨 Cardano ($ADA ) Drops 10.74% – Is This a Time to Buy the Dip?

{spot}(ADAUSDT)

📊 Market Overview:

Cardano (ADA) is trading at $0.8115 (-10.74%), with a 24H high of $0.9206 and a low of $0.8064.

📉 Key Levels to Watch:
🔻 Resistance: $0.83, $0.86
🔻 Support: $0.80, $0.78

⚡ Technical Insights:
🔸 RSI: 34.29 (Approaching oversold territory)
🔸 MACD: Bearish momentum building
🔸 Short-Term Trend: ADA is struggling to stay above $0.81, with increasing selling pressure.

📌 Price Outlook:
✅ Bullish Case: A recovery above $0.82 could trigger a move towards $0.85+.

❌ Bearish Case: Losing the $0.80 support could lead to a further drop towards $0.78-$0.75.

🔥 Will ADA recover soon or is there more decline ahead? Share your thoughts!

Final Considerations:

Do your own market research before making any purchases, it is a very volatile and unpredictable market. This is not financial advice.

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