ADA broke through disappointment, can the currency return to the pump track in the next 24 hours?

Trend analysis:
ADA (Cardano) is currently priced at $0.7902, down 2.8% in the last 24 hours. From a technical perspective, the price is facing a key support test near $0.7589, and once this support is broken, it may further decline to $0.74. The current RSI has dropped to 49.19, indicating market sentiment weakness, which may lead to a lack of rebound in the short term.

Bull and bear struggle:
The market is dominated by bears, but the DIF and DEA are close to crossing, and the MACD is also approaching below the 0 axis, which means that selling pressure is gradually easing. At this time, bulls may take the opportunity to counterattack. If it breaks through the current resistance level of $0.80, it may drive the price to challenge $0.82 or even $0.83.

Support and Resistance Levels:
• Support level: 0.7589 US dollars
• Resistance level: $0.80
• Short-term target: If it breaks $0.80, the target will be in the $0.82-$0.83 range.

End:
Can ADA turn around? Is the current support strong enough, and will the breakthrough of the support level trigger panic selling? Discuss your views on the future trend of ADA in the comments section, don't miss any market opportunities! Follow me to stay informed of market trends in real time and make accurate decisions!