๐ฅ๐ฏCardano ($ADA ) has struggled to maintain momentum above the $1 mark, with sellers pushing the price down to 92 cents this week. The key support level is now at $0.90, and if this is breached, ADA could experience further declines towards $0.80.
๐ฅBearish indicators, such as the #RSI and #MACD showing weakness, suggest a potential for deeper corrections unless buy volume increases.
๐Traders should watch for any signs of a rebound around the $0.90 support level to determine if ADA can stabilize or if further downward pressure is likely, adjusting their strategies accordingly for profitable opportunities.