Cardano (ADA)’s price currently hovers around $0.68, marking a slight decline of 1.07% within the last 24 hours. Traders are closely watching key support and resistance levels to predict ADA’s next trajectory. Current indicators suggest a potential breakout in either direction. Analysis reveals strong resistance at the $0.73-$0.75 range, aligning with the 200-day EMA. A breakout above this level could signal a bullish shift, potentially driving prices towards $0.80 or higher. Conversely, major support lies between $0.68 and $0.70, coinciding with the 200-day SMA. A drop below this support could lead to further declines toward $0.60. Analysis of short-term indicators reveals a mix of bullish and bearish signals on different timeframes. The 1-hour chart exhibits bearish momentum due to the trading volume, while the RSI indicates an approaching oversold condition. The 4-hour chart shows ADA consolidating between $0.70-$0.73 with low trading volume, hinting at potential breakouts in either direction.