$ADA đ Cardano Tests Key Support at $0.63 Amid Market Volatility đ
The ADA/USDT pair is trading at $0.6356 (-0.09% in 24H), hovering near critical support as traders weigh mixed signals in the altcoin market.
đ Key Levels to Watch:
- Support: $0.6291 (24H low) â A break below could trigger further downside.
- Resistance: $0.6443 (24H high) â Reclaiming this level may signal bullish momentum.
- RSI: 39 (approaching oversold territory).
đĽÂ Why ADA Matters Now:
1ď¸âŁÂ Whale Activity: Large ADA transfers detected, including a 517K ADA ($329K) buy order on OKX.
2ď¸âŁÂ Technical Setup: ADA remains 50.82% up YoY, but faces a 23.42% monthly decline.
3ď¸âŁÂ Ecosystem Growth: Cardanoâs TVL holds steady at $273M despite market turbulence.
đĄÂ Pro Tip: Watch for a **volume surge above $0.
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