$ADA – Testing Lows, Is a Bounce Incoming?

Current Price: $0.5463

24H Change: -4.04% 📉

24H Range: $0.5433 - $0.5905

Volume: 120.66M ADA

Cardano ($ADA ) is feeling the heat as it drops over 4% today, breaking down past short-term support levels. The hourly chart shows a consistent downtrend after rejecting resistance at $0.5905.

📊 Performance Overview:

Today: -4.11%

7 Days: -0.42%

30 Days: -19.84%

90 Days: -20.00%

180 Days: -38.56%

1 Year: +41.53%

🔻 Sellers dominate the order book at 53.54%, hinting at weak near-term momentum. With recent dips, $ADA might be approaching oversold territory—traders are watching $0.5400 as a possible pivot.

📌 Key Support: $0.5430

⚠️ Breakdown Zone: Below $0.5400

📈 Resistance to Watch: $0.5710 and $0.5905

#ADA #Cardano #CryptoTraders #Binance #TradersLeague

📉 Disclaimer: This is not financial advice. Please DYOR before investing.