#CardanoDebate 📈 Cardano Debate Is ADA Ready for a Breakout or Another Fakeout

ADA is hovering near $0.63, squeezed between long-term support and short-term resistance. After slipping from its April highs, Cardano now sits at a make-or-break technical zone.

🟢 Bullish Signals

Long-term falling wedge formation — historically bullish

Holding support at $0.68

Break above $0.73 could launch ADA to $0.80–$1.10

RSI around 42: momentum reset, room to move up

Nasdaq crypto index attention = institutional watchlist

🔴 Bearish Signs

Still trading below 50-day EMA

MACD turned bearish recently

Multiple rejections at $0.70

Breakdown below $0.68 could lead to $0.60 or lower

🔍 Key Levels

Support: $0.68

Resistance: $0.73 → $0.80

Watch volume for confirmation of breakout or breakdown

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⚔️ The debate is on: Are bulls ready to take charge, or will bears keep ADA trapped?

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🔁 Repost if you're still bullish on ADA