📉 $ADA Struggles Near EMA – Reversal or More Downside? 🚨
Cardano (ADA/USDT) is currently trading at $0.7614, sitting below the 9-day EMA ($0.7742). The price has been in a downtrend after peaking in December 2024, but recent consolidation suggests a potential breakout attempt.
If ADA reclaims the EMA, it could push toward $0.85-$0.90. However, failure to hold above may lead to further losses. Can the bulls regain momentum, or will bears continue to dominate? Let’s discuss! 👇
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