Cardano (ADA) dropped 2.04% in 24 hours while holding a 6.89% weekly gain. The price was halted by a double rejection at $0.26, with the $0.235 support level already tested last week. The $0.206 to $0.219 area, representing the Fibonacci golden pocket, could become the next downside target if support breaks. Volume indicators (CMF, OBV) and the daily RSI at 59 confirm the bullish trend remains intact short-term, though 4-hour signals point to an ongoing pullback. Bitcoin’s decline toward $84,000 is also contributing to selling pressure on ADA.
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