$ADA : Still consolidating, but buyers are quietly stepping in.
Cardano is currently trading at $0.5724, down -1.51% in the last 24 hours. While short-term sentiment has been lukewarm, there are signs of accumulation forming just above the $0.5631 support.
๐ Trading Insights:
Today's range: $0.5631 โ $0.5856
Slight intraday recovery: +0.54%
Buy-side interest stands strong at 57.92%, suggesting dip-buying
Despite bearish 30 & 90-day performance, ADA is still up 45% YoY
This zone around $0.57 could act as a base for a slow grind upward if volumes start to rise. If $ADA can close above $0.58 again, a bounce back toward $0.60+ looks likely.
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๐ Disclaimer: This is not financial advice. Always do your own research before investing.