Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking?

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Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking? - NewsBTC

Quick Summary:

Related Reading: Solana Turns Bullish On 8H Chart – Break Above $147 Could Confirm New Trend ADA Stalls Below Resistance As Bulls Face Critical Test Cardano (ADA) is currently trading at $0.63 after several days of sideways movement and failed attempts to break above the $0.66 resistance zone.

Cardano Whale Activity Sparks Debate Over Trend Direction Cardano is now testing a critical demand zone that may determine whether the recent recovery is sustainable or simply a temporary pause in a larger downtrend.

This level has capped recent upside momentum, signaling that bulls are struggling to gain control in the current environment of macroeconomic uncertainty and risk-off investor sentiment.