Cardano (ADA) at a crossroads: structure weak, demand cooling
Cardano is showing renewed downside pressure as sellers regain control on the 4H chart. After failing multiple times to clear resistance, ADA broke below its prior range support and slid toward $0.360, confirming a short-term bearish shift in structure.
Price structure & key levels
ADA remains capped below key moving averages and Supertrend sell signals, keeping rebounds corrective for now.
▪️ Immediate support: $0.3600
▪️ Next downside: $0.3546 → $0.3289 (prior swing low)
▪️ First reclaim level: $0.3705 (0.382 Fib)
▪️ Key resistance: $0.3833
▪️ Major ceiling: $0.3855–$0.3885 (EMA cluster)
A clean break above $0.3918 would be needed to shift momentum, opening room toward $0.4145 and $0.4377.
Derivatives & spot flow signals
Open interest has rolled over from recent highs, now near $646M, suggesting reduced risk appetite after volatility. Spot flows have stayed mostly negative for months, with only a small recent inflow — not yet enough to signal strong accumulation.
Outlook
As long as $ADA trades below key averages, the structure favors sellers. Holding $0.360 is critical. Failure there likely extends the downtrend, while any bounce without a reclaim of $0.383–$0.388 risks remaining corrective.
ADA is sitting at a decision zone — stabilization or another leg lower will soon be confirmed.
