Cardano ( $ADA ) Technical Analysis in Short and Simple:

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ADA is experiencing selling pressure. The bigger picture suggests a potential bottom in Wave 2, with a bullish scenario preferred as long as the $0.60 level holds. Key levels to watch include resistance at $1.42 and support at $0.94, $0.85, and $0.77. A break below $0.60 would impact the larger time frame. For now, we're looking for a micro structure that makes sense, but there are many possible interpretations due to the ABC structure.

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