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Cardano is experiencing an active trading day amid a market reversal. Over the past 24 hours, more than 1.7 billion ADA has been traded — a significant volume indicating that participants are re-evaluating their positions. The price has pulled back from the daily high of $0.26 to $0.24, currently holding around $0.25 with a slight increase of 3.5%. Apparently, macroeconomic instability is making bulls more cautious.
What’s interesting is that approximately 230 million ADA have been sold over the week for more than $63 million. The selling wave is noticeable, but the RSI remains at 35, meaning the coin is not yet oversold. This suggests that the decline may not be final. The key support level is $0.25 — if it’s broken, a more serious pullback could begin; if it holds, a rebound is possible.
On the other hand, news has emerged about the integration of Cardano into the DFX platform for operations in 137 SPAR stores in Switzerland. This could aid recovery by expanding real-world application. The market is watching closely to see whether this will support the price or if it’s just good news that will be ignored.