• Cardano price today trades near $0.40 after losing the key $0.48 weekly support, signaling a major structural shift.
• Spot flows stay bearish with $19.8M in outflows, extending weeks of distribution as liquidity continues to leave exchanges.
• ADA now sits above the $0.32–$0.36 demand zone while EMAs flip into resistance, keeping sellers in control across all timeframes.

Cardano price today trades near $0.40 after a sharp weekly breakdown that pushed ADA through the $0.48 support shelf. The move confirms a structural shift driven by persistent spot outflows and a steady loss of trend support across higher timeframes.

Spot Outflows Deepen As Sellers Gain Control

Coinglass data shows another $19.8 million in net outflows on November 21, extending a multi-session streak of distribution. ADA has now logged consistent red flows for …

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