⚠️ Cardano Tests Key Support — Is a Sharp Drop Coming Next? 💣

$ADA has dipped below $0.680 again, and traders are eyeing a critical support zone. Is a deeper plunge incoming?

🔻 Latest Breakdown:

✅ New decline started below $0.70 and $0.680

📉 Trading under the 100-hour SMA

🔧 A bullish trend line is holding near $0.630, but pressure is building.

📊 Price Action Recap:

ADA touched a low of $0.6134, bounced back over $0.620 & $0.635

Rebounded above the 23.6% Fib level of the $0.7311 → $0.6134 drop

Facing resistance at $0.6560 — a critical zone to watch

📌 Resistance Zones Ahead:

🚧 $0.650 - minor resistance

🔺 $0.6560 - first major test

🔼 $0.6720 - 50% Fib level & breakout zone

🔝 If $0.6720 breaks, ADA could surge to $0.70 → $0.7350

⚠️ What If Bears Take Over?

If $0.6720 is rejected again:

🟥 Immediate support: $0.630

🟥 Key floor: $0.620

🚨 Break below $0.620? Watch for $0.60, then $0.5650 as major support.

🧪 Tech Signals:

📉 MACD in the red zone

🧭 RSI still below 50 — weak momentum

🎯 TL;DR

Cardano is at a make-or-break moment.

Break above $0.6720 = 🚀 to $0.7350

Break below $0.620 = ⛔ risk of falling to $0.5650

Traders, keep your eyes locked on ADA — it’s heating up.

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