#ADAUSDT Breakdown from Ascending Channel

Cardano ($ADA) has broken below its ascending channel, indicating a possible continuation of the bearish trend. The key support at 0.7765 USDT has been breached, and the price is now testing lower levels.

Two Possible Scenarios:

🔹 Bullish Rebound: If $ADA reclaims 0.7765, we could see a push towards 0.95 - 1.00 USDT as buyers step in.

🔹 Bearish Continuation: 🚨 A rejection at resistance may drive the price lower, targeting the 0.4836 Fibonacci level, with 0.2910 USDT as a deeper demand zone.

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