Cardano's (ADA) bullish momentum is facing increasing bearish pressure, causing the price to retreat from the critical $0.8119 level. The altcoin is struggling to maintain control as sellers try to reclaim dominance. The failure to break through the 100-day Simple Moving Average (SMA) suggests weakening buying pressure and increasing bearish dominance. The Relative Strength Index (RSI) is also dropping, indicating fading buying pressure and strengthening selling momentum. Unless ADA can regain traction and break above the 100-SMA, further declines are expected. The immediate support zone to watch is $0.6822, with $0.5229 as the next major support level.



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