#CardanoDebate 📉 After a sharp intraday decline, Cardano (ADA) is trading near the $0.6320 mark. This reflects the ongoing pressure from sellers that arose after a recent rebound from the resistance level of $0.70.
🔍 The current dynamics indicate a weak attempt by bulls to maintain control. The price remains below the key Fibonacci level of 0.618, which limits the recovery potential. Fading momentum, low volume, and lack of confirmed breakout create favorable conditions for bears.
🧘♂️ ZenScalp observation: the market does not always move with strength — sometimes it shows intent through weakness. $ADA demonstrates exactly this — the inability to turn a short-term rebound into a sustainable wave of growth.
💬 Will you hold your position in Cardano or are you waiting for a breakout above $0.70 to consider entering?
