Markets· ★★· neutral·

Cardano's ADA holds $0.24 support, eyes retest of $0.26

  • —ADA trades near $0.246, up 0.82% daily but down 3.19% on the week
  • —Holding $0.24 sets up a retest of $0.26, with $0.28 as next resistance
  • —A break below $0.24 could send the price toward $0.235
  • —Cardano's TVL has dropped from about $140 million to $60–70 million
Why it matters: ADA's rebound hinges on defending $0.24 and reviving network activity, not on long-term calls for $1–2.
Source: TokenPost