Cardano (ADA) recently saw a price drop from $0.6865 to $0.6839, a 1.13% decline, with significant selling pressure noted on a 15-minute candle and a trading volume of 1.14 million. Despite 57.87% buyer presence, it wasn't enough to stop the slide.Current Price and Technical IndicatorsCurrent Price: $0.6839, testing the $0.6828 zone after rejection at $0.6865.RSI: Cooling off on lower timeframes, indicating a potential short-term dip.Key LevelsSupport Levels: Immediate at $0.6820, with a strong base at $0.6785.Resistance Levels: Between $0.6860–$0.6885, with a breakout needed above $0.6900 for reversal.Market OutlookIf ADA falls below $0.6820 with volume, a deeper pullback may follow. Bulls need to act quickly to maintain short-term trend strength, and traders should monitor closely.
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