Cardano Attempts A Technical Rebound After A Week In The Red
7h09 ▪
3
min read ▪ by
Despite a recent rebound above the psychological threshold of $0.60, Cardano (ADA) remains under bearish pressure. The leading crypto of the Cardano ecosystem temporarily reclaimed this critical zone, but market data and technical analysis suggest that sellers maintain the short-term advantage.
In Brief
- Cardano (ADA) rose above $0.60 but remains in negative territory over 24 hours.
- Technical indicators suggest the bearish trend is not yet halted.
- A…
