🚨 Cardano Cracks — Is the Storm Just Beginning? 🌩️

📉 ADA slips below $0.70 once again, struggling to hold support in a volatile crypto market. With pressure mounting and key levels breached, is a deeper dip on the horizon?

🔍 Market Recap:

Broke below key trendline support at $0.6840

Currently under $0.70 and 100-hour SMA

Low formed at $0.6626, with weak recovery signs

📊 Resistance to Watch:

⚠️ $0.6720 – Minor pushback (23.6% Fib)

⚠️ $0.6825 – Major barrier (50% Fib)

🚀 Break above $0.6920? Could trigger a rally toward $0.7350–$0.750

🧨 Bearish Scenario:

Failure to climb above $0.6825 = likely retest of $0.6625

Slip below $0.650 = eyes on $0.620 or even $0.600

📉 Indicators Flash Bearish:

MACD in the red zone 🟥

RSI below 50 – weak momentum

⚠️ Key Levels to Watch:

Support: $0.650 • $0.620 • $0.600

Resistance: $0.6825 • $0.6920 • $0.700

📌 While Bitcoin and Ethereum hold firm, ADA’s under pressure. Can bulls hold the line or will the bears bite deeper?

#Cardano #Write2Earn #ADA #Binance #CryptoNewss #Altcoins #MarketWatch #BearOrBull 🐻📈#CircleIPO