š Cardano Struggles, But Finds Support! š
š¹ Price Update:
ADA/USDT is trading at $0.9700, down -5.64% in the last 24 hours. After touching a low of $0.9171, ADA shows signs of stabilization as traders monitor its next move.
š Key Market Stats:
ā 24-hour High: $1.0592
ā 24-hour Low: $0.9171
ā Volume: 403.69M ADA
ā Resistance Level: $1.00
ā Support Zone: $0.92 - $0.94
ā” Whatās Next for Cardano?
š A breakout above $1.00 could pave the way for a bullish recovery.
š Short-term traders should manage stop-loss levels around support to mitigate risk.
š Long-term investors may consider this dip an accumulation opportunity in the Layer 1 ecosystem.