Cardano (ADA) remains under pressure after a sharp sell-off over the past month, but several technical indicators suggest the pace of the decline may be slowing. The Cardano price was trading at $0.1445 at the time of writing, down 1.3% over the previous 24 hours and 10.8% over the last seven days. The token has lost 38.6% over the past month and remains more than 95% below its all-time high of $3.09, which was recorded in September 2021. Notably, the most recent decline follows the impact of the recent SecondFi wallet exploit, an incident that exposed vulnerabilities in wallet software rather than the Cardano blockchain itself.
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