๐Ÿ“‰ $ADA Struggles Near EMA โ€“ Reversal or More Downside? ๐Ÿšจ


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? Letโ€™s discuss! ๐Ÿ‘‡


#Cardano #crypto #ADAUSDT #Altcoins" #TechnicalAnalysis