• ADA struggles below key EMAs, signaling sustained bearish market control.
• Futures open interest drop shows fading trader confidence and reduced leverage.
• Continuous exchange outflows highlight weak accumulation and liquidity decline.

Cardano (ADA) continues to face bearish pressure as the cryptocurrency struggles to hold above the $0.49 support zone. The asset has maintained a downward trajectory for several weeks, with sellers dominating short-term momentum. 

ADA currently trades around $0.534, remaining well below key moving averages. The persistent weakness reflects a broader market slowdown, as traders exit leveraged positions and sentiment cools across altcoins.

Sustained Downtrend and Resistance Clusters

ADA has been trading below its 20, 50, 100, and 200-EMA levels, underscoring sustained bearish momentum. Each rebound attempt toward the $0.60–$0.65 …

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