🚨 Cardano (ADA) Faces Correction! Here’s What’s Next 🚨

Cardano's recent momentum is stalling, and signs point to a potential correction toward key support levels. Here’s a breakdown of what to watch:

📉 Current Resistance: Price is hovering near $0.756 (mvah - Maximum Value Area High), a key level of rejection.

⚠️ Correction Zone: A retracement towards the TWAP ($0.610) and mPOC ($0.582) is likely as momentum slows.

📊 Volume Clusters: High-volume activity below suggests stronger buyer interest at $0.527 (mval) if a deeper pullback occurs.

🔄 Bounce Scenario: Recovery could begin near $0.610 if support holds, leading to a consolidation before the next move.

💡 Key Insight: Monitor the price action near $0.610 and $0.582 for potential re-entry points. A decisive breakdown below $0.527 could signal further bearish action.

🔥 Stay ahead of the trend! Like, share, and comment with your take on ADA’s next move.