Cardano ($ADA ) Weekly Forecast: Can $0.64 Hold or Will $0.55 Be Tested Next?

$ADA is facing mounting pressure as it struggles to defend the $0.64 support zone. With momentum fading and trading volume making lower lows, bearish sentiment continues to dominate the market. If buyers fail to reclaim control this week, a breakdown toward the next key support at $0.55 appears increasingly likely.

After a lackluster performance in May and a weak start to June, investor interest in Cardano remains subdued. The absence of bullish participation at current price levels raises the risk of a further decline.

Still, there’s a silver lining: the decline in volume suggests sellers are losing strength, possibly setting the stage for accumulation. If bulls return near the $0.60–$0.55 range, we could see a sharp reaction rally. Until then, $ADA remains vulnerable in the short term.

Key Levels to Watch This Week:

Support: $0.64, then $0.55

Resistance: $0.68, then $0.72

Volume Trend: Weak and declining – watch for a breakout in either direction

Traders should stay cautious and wait for confirmation before entering new positions. A decisive daily close below $0.64 could accelerate downside pressure.

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