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#ADA5L The price of Cardano today is trading around $0.722, dropping below key moving averages and trend line support after repeated failures around the $0.766 level. This marks a critical moment in Cardano's price action as the asset hovers just above the support zone of $0.720. A daily close below this zone could expose ADA to a deeper pullback to the 61.8% weekly Fibonacci level around $0.6768, while a bounce could revive bullish attempts to retest $0.77.