🚨 Cardano Pullback Alert: Are the Bears in Control? 🚨

$ADA is showing weakness after failing to hold above $1.020 — charts hint a deeper correction may be underway. ⚠️

📉 Market Snapshot

🔻 Price slipped below $0.90 & the 100-hour SMA

🔻 Bearish trendline resistance holding strong at $0.940

🔻 Key support: $0.840 – $0.825, with risk toward $0.780

💥 Upside Potential

✅ Break above $0.940 could spark a rally toward $1.00 – $1.05

⚡ Bearish Case

❌ Rejection at $0.940 opens doors for a retest of $0.840 → $0.825, with possible dip to $0.80

📊 Technical Signals

📉 MACD deep in negative territory

📉 RSI < 50 — momentum favors sellers

👀 Cardano’s next move could define its short-term path. Will $ADA bulls defend support, or will bears push it into deeper waters?

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