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I just checked ADA and things don't look good. The coin has been under constant downward pressure for days, repeatedly rejected at resistance levels. It tried to bounce but couldn't break the bearish pattern that has it trapped.
The numbers speak for themselves: Cardano fell from $0.358 to touch $0.332, and right now it's hovering around $0.25. That's a pretty strong hit. The 30-minute chart shows a symmetrical triangle where the price continues to be pushed downward, with support broken. If it can't recover, the next downside targets would be the January lows and December's floor.
What's interesting is that it would need more than just a technical rebound. Cardano would have to close above the resistance line and also have support from the overall market to reverse this downward pressure. Without that, I think we'll continue to see more weakness. For now, the trend is clear: bearish.