Where is Cardano Heading as ADA Fails to Reclaim $0.19 Range Low

Cardano remains trapped in a bearish market structure after failing to reclaim the $0.19 range low, leaving ADA vulnerable to further downside until buyers break the sequence of lower highs. ADA currently trades around $0.175, down roughly 2% over the past 24 hours and nearly 31% over the past month.

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