$ADA Cardano Under Pressure Below $0.40 — What Comes Next?
Cardano ADA has slipped below the key $0.40 level, a zone that has now flipped from support into strong resistance. Recent rebounds have been weak, showing limited buyer conviction.
🔹 ADA is trading below major moving averages
🔹 Volatility compression earlier led to a distribution phase
🔹 Momentum has shifted bearish since late Q4
📊 Key Levels to Watch
• Support: $0.36
• Resistance: $0.40
In the short term, ADA is trying to stabilize above $0.36, but price action remains range-bound and indecisive. A clean break above $0.40 with volume is needed to regain bullish momentum. Failure to hold $0.36 could open the door toward $0.32.
For now, low buying pressure and cautious whale activity suggest patience from the market. 👀
#TrumpTariffsOnEurope #MarketRebound #ADA #altcoins
