$ADA Towards a major breakout? 🚀

#CardanoDebate #ADA #BinanceSquare

📍 Current price: $0.6240

📉 24h change: -2.5%

📈 Intraday range: $0.6152 – $0.6420

🧠 Quick analysis:

– High volatility with massive sell-off of 270M ADA by whales, testing support around **$0.60–$0.62**.

– The launch of “Originate” by the Cardano Foundation shows a focus on enterprise use cases.

– As long as $0.60 holds, a rebound is possible; resistance to watch around $0.70–$0.72 (50 SMA).

– Overall momentum still bearish in the medium term, but RSI shows potential signs of overselling.