Just saw an analysis from Ali Martinez about Cardano that’s quite interesting. He said the $0.243 level is a critical point that could determine ADA’s future direction. If support at this level holds, there’s a potential for ADA to bounce back to $0.30 (up 23%). But if it breaks below, it could fall significantly to $0.10. Currently, ADA is at $0.25, up about 2% in the last 24 hours, but still below the 50-day moving average. Interestingly, trading volume is again decreasing significantly, which usually indicates momentum is starting to weaken. So basically, Cardano is in a make-or-break position right now. If buyers can defend $0.243, there might be a more serious recovery. But if not, there could be a deeper correction. Meanwhile, Bitcoin and Ethereum have already recovered better, ADA is still lagging behind. Worth watching closely, because this level is very important for ADA’s future trend.

ADA1.05%
BTC-0.09%
ETH-0.54%
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