<ul><li>Cardano (ADA) is facing bearish sentiment as it struggles with key technical levels.</li><li>The 3-day RSI suggests a possibility of further downside before a true reversal takes place.</li><li>ADA is approaching a red moving average at around $0.48, which has historically acted as a strong support level.</li><li>If ADA holds above the $0.44 support range, it could potentially form a double bottom pattern, indicating a bullish reversal.</li></ul>

Cardano (ADA) Breakdown to $0.44 is Possible as Market Turned into Bearish Phase

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