⚡ Cardano ($ADA ) Under Pressure – But a Bounce May Be Near ⚡
After a strong rally last week, ADA is cooling off.
📉 Down ~4% on Monday, still in the red on Tuesday, trading near $0.91.
🔍 On-chain signals:
Santiment’s NPL flipped from +23.13M → -26.56M in just a day.
This shows investors are selling at a loss → panic sell-offs in play.
📊 Technical outlook:
Key support: $0.84
If buyers step in, ADA could rebound toward the $1 psychological barrier 🔑
🌀 Short-term pain, long-term gain? ADA might just be testing nerves before another push upward.
Do you see ADA reclaiming $1 soon? 👀💬