🔻 Bearish Pressure on $ADA
Cardano is facing strong bearish momentum, signaling a potential 15% decline. Traders' activity and weak market sentiment add to the downward pressure, pushing ADA toward key support levels.

📊 Traders Heavily Shorting ADA
Data from Coinglass shows traders betting against ADA. Short positions at $0.912 and $0.926 hold $16.77 million, while long positions at $0.85 only total $4.10 million. This indicates strong bearish dominance in the short term.

💰 Investors Accumulating ADA
Despite the short-term bearish outlook, investors see a buying opportunity. Spot inflow/outflow data reveals a $30 million ADA outflow from exchanges in 48 hours, suggesting accumulation by long-term holders.

📉 Technical Analysis: ADA Targets $0.71
Cardano has retested the ascending trendline breakdown and is moving downward. If this pattern holds, ADA could drop 15% to $0.71 in the coming days, with traders’ bearish sentiment intensifying the decline.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.