Cardano’s price has lost steam after failing to sustain above $0.97, leading to a test of the $0.917 support area. Strong bearish candles confirm selling dominance, and unless ADA reclaims $0.935+, further downside pressure remains.
A short trading setup is in place with entry near $0.918-$0.923, taking profits at $0.905, $0.892, and $0.880. A stop loss above $0.935 protects losses.
The market outlook is bearish, with momentum tilting downward as ADA forms lower highs and lows. A break below $0.917 could trigger sharper moves toward $0.88. Bulls must defend this zone to shift momentum back.
Follow the latest trading opportunities on Cardano (ADA) at [insert platform or website].
Source: https://www.binance.com/en/square/post/28465218245002