$ADA is trading around $0.618, down slightly after a whale-triggered dip (~$170 million sold) but finding support amid broader market conditions. 📉🐋

Despite short-term pressure, the launch of Originate—Cardano Foundation’s blockchain product provenance tool—is a promising sign of real-world adoption. 🏭🔗⚙️ Meanwhile, technicals remain bearish: ADA is stuck below $0.65 with momentum indicators flashing warning signs and weak volume driving the current range-bound action between $0.62–$0.64. 📊⚠️

Looking ahead, a reclaim of $0.65–$0.65 could set the stage for a bounce, but failure risks a drop toward $0.60. 🛡️📉

ADA

0.3009

+0.40%