Cardano (ADA) daily chart shows signs of short-term recovery, with price moving away from recent lows and stabilizing above short-term moving averages. Momentum indicators such as MACD and RSI are also turning to more positive signals, suggesting that selling pressure is weakening. However, ADA faces key resistance between 0.295 and 0.2971 dollars, with notable selling resistance near 0.31 and 0.35 dollars. Strong buying support exists near 0.26 dollars, coinciding with the support zone at 0.2587 dollars. A price breakout above resistance levels is needed to confirm an overall uptrend.

ADA-3.95%
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