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Cardano (ADA) nears key support zone signaling potential price reversal amid market losses.

10 Nov 2026, 09:22 WIB
Dailycoin
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Neutral
Cardano (ADA) nears key support zone signaling potential price reversal amid market losses.

Cardano (ADA) has dropped 28% in the last 30 days and is approaching a critical support zone between $0.166 and $0.171, which aligns with key technical indicators like the Bollinger Band midline and Fibonacci retracement levels. A strong bounce from this area could trigger a gradual price reversal, but bulls need to reclaim and sustain above $0.1811 and eventually $0.214 to confirm recovery. Despite heavy long-position liquidations in futures markets, the demand zone around $0.166–$0.171 remains the strongest support, making it a crucial level to watch for potential bullish momentum.

As of Nov 10, 2026 14:31 WIB, Cardano (ADA) trades at Rp3.242 on Pluang, showing a positive 1-day change of 4.24%. The platform data highlights strong buyer interest with 78% of orders to buy and a typical hold time of 128 days, indicating steady investor confidence despite recent price volatility. ADA's market cap stands at Rp118,73 trillion, underscoring its significant presence in the market.

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