Cardano ($ADA ) Rebounds Off Intraday Low

$ADA is trading at $0.5985, up +0.94%, following a rebound from the day's low of $0.5880. With an intraday high of $0.6117, bulls are trying to reclaim control after a week of sustained selling pressure.

📊 Weekly & monthly drawdowns:

🔻 7D: -15.75%

🔻 30D: -19.00%

🔻 180D: -32.44%

However, on a 1-Year basis, $ADA still shows a solid +61.49% gain, reflecting long-term accumulation strength.

The order book leans slightly bullish at 54.5% buys, indicating cautious optimism.

A breakout above $0.608–$0.615 could set up a test of $0.62+.

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