$ADA Many are Trapped at $0.63 — Will Cardano Still Drop? 🔻

While the Majority Buy Spot, Smart Money is Ready to Open Short Positions

(June 15, 2025) The current price of ADA is at $0.63 — a figure that seems stable but is actually vulnerable to breaking down. After briefly strengthening to $0.65, Cardano lost momentum and began showing signs of technical pressure becoming dominant again. Many are FOMOing into the spot... but is this the right moment?

📉 Technical: Rejection Zone Starting to Form

The $0.63–$0.65 level is a historical resistance area. The daily candlestick shows a long upper wick and decreasing volume, a classic indication that buyers are running out of ammunition. If it breaks down below $0.61, it is likely that ADA will test strong support at $0.57 and could continue to $0.52 — the last demand zone before the March 2024 rally.

🔎 Fundamental: Still Weak, No New Narrative

Cardano's TVL is still stuck below $200 million, far behind layer-1 competitors like Solana, TON, and even Base. There are no major launches or new narratives from the development team. Meanwhile, the current market is dominated by hype around AI, RWA, and DePIN — all of which barely touch the ADA ecosystem.

💡 Strategic Solution: Avoid Spot, Keep an Eye on Shorting

Buying spot at the current level is too risky. There is no confirmation of a reversal, and volume does not support further rallies. Instead, smart traders might consider shorting from the current resistance zone, targeting support at $0.57 with a tight stop loss above $0.66. This is a defensive strategy, but far more rational than simply FOMO buying because the price looks "cheap."

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Conclusion

The price of $0.63 is not a “discount,” but could be a trap. Don't rush to buy the spot without confirmation.

Always remember: in markets like this, those who are patient or think differently are the ones who win.

🔥 Shorting does not mean being pessimistic — but is a form of smart protection when the majority starts to get confused about the direction.