Cardano Bulls Target $0.25 as Key Warning Signs Emerge

- ADA faces strong resistance near $0.20, with $0.25 remaining the next major bullish target.
- Falling MVRV and a TD9 sell signal suggest rising pressure around current levels.
- PRIME approval offers fresh optimism, but ADA must defend $0.17 support.
Cardano โ ADA, bulls have a clear target, but the road toward $0.25 remains uncertain. ADA recently struggled near $0.20 after a recovery attempt lost momentum. That resistance now stands between buyers and a larger breakout. Several market signals also warn that selling pressure could return. Meanwhile, Cardano has gained a fresh fundamental catalyst through the approved PRIME proposal. ADA now faces a crucial test between renewed demand and growing technical caution.
ADA Faces Strong Resistance Near $0.20
ADA currently trades around $0.1816 after falling 2.30% over 24 hours. The token holds a market capitalization near $6.9 billion. Daily trading volume has also reached roughly $437.27 million. Those figures show continued activity despite ADA's recent struggle. The $0.20 to $0.21 region remains the biggest hurdle for buyers. ADA needs a decisive move above that zone for stronger momentum.
โฆ Continue reading the full article at the original source below.



