$ADA Struggles Below $0.70 – Will Bulls Defend Key Support Levels?

Cardano ($ADA ) is currently trading at $0.6819, reflecting a 6% decline over the past 24 hours amid broader market uncertainties.

📊 Technical Overview:

Current Price: $0.6819

Support Levels:

Primary Support: $0.65

Secondary Support: $0.60

Resistance Levels:

Immediate Resistance: $0.72

Major Resistance: $0.80

ADA has been trading within a consolidation range of $0.65 to $0.85, indicating a period of accumulation.

📈 Market Sentiment:

Whale Activity: Significant accumulation observed among large holders, suggesting confidence in ADA's long-term potential.

Technical Indicators: RSI approaching neutral territory, indicating potential for a trend reversal if buying pressure increases.

🎯 Signal:

If ADA maintains support above $0.65, a rebound towards the $0.72–$0.80 range is plausible. However, a decisive break below $0.65 may lead to further downside, potentially testing the $0.60 level.

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