Cardano ( $ADA ) is currently trading around $0.73, sitting just above a key support zone near $0.70. This level has acted as a short-term floor — but with momentum weakening and lower highs forming, bulls may be running out of steam.


A potential scenario is unfolding where $ADA could bounce and retest the $0.90–$1.00 region. However, if it fails to reclaim that level with strength, it risks forming a lower high — often a sign of a broader reversal.


Should sellers take control, a drop toward the $0.50–$0.40 range isn’t off the table, especially with the market showing signs of distribution.


📌 Key Levels to Watch:

Resistance: $0.93 – $1.10

Support: $0.70, and major demand near $0.50 – $0.40



$ADA is at a crossroads — the next few moves could define the trend into Q4.

#ADA #Altcoin Season#

image
August 07, 2025 at 5:13 PM
9
105
6
5
4
4
2
1
1