Cardano Rejected at Key Supply Zone as Bearish Structure Persists

thecryptobasic2026-01-27 10:45:25

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Cardano Rejected at Key Supply Zone as Bearish Structure Persists

A bearish structure still has a grip on Cardano after the recent attempt to invalidate the pattern ended in a price rejection. Cardano (ADA) could not overcome the selling pressure at the neckline resistance of a symmetrical triangle it once trended in.

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