$ADA USDT Testing Support – Can Cardano Rebound from $0.6189? 📉
Cardano (ADA) is currently trading at $0.6229, down -3.44% in the last 24 hours on Binance. After dipping to a 24h low of $0.6189, ADA is showing some consolidation just beneath short-term moving averages.
📊 15-Minute Chart Snapshot:
Current Price: $0.6229
24h High / Low: $0.6575 / $0.6189
MA(7): $0.6230
MA(25): $0.6253
MA(99): $0.6393
24h Volume:
• ADA: 107.65M
• USDT: 68.74M
⚠️ ADA is still trading below key MAs, suggesting bearish pressure remains. A breakout above $0.625 is needed to open the door toward the $0.64 resistance zone.
👀 Will this support level hold… or is another leg down on the horizon?
