📉 ADA Update: Testing Local Support

​ADA is currently hovering at $0.2436, down 1.18% on the day. The chart shows a clear bearish rejection from the $0.2540 high, with price now struggling to stay above the immediate support at $0.2431.

​⚡ Key Levels:

​Support: 0.2430 (Current floor)

​Resistance: 0.2445 (MA60) & 0.2480

​Trend: Short-term bearish. Price is trapped below the moving average.

​🎯 Outlook:

​If ADA fails to hold $0.2430, we might see a quick slide toward $0.2400. Watch for a volume spike or a bullish reversal candle at these levels to signal a potential bounce.

​Are you long or short on Cardano? Share your targets! 👇

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ADA

0.1799

-0.60%