<ul><li>Cardano's market structure has deteriorated as panic selling drives the cryptocurrency below crucial support levels.</li><li>Cardano's realized profits have reached a 9-month high with 307 million ADA being sold within 24 hours.</li><li>The MACD indicator signals a potential bearish crossover, reflecting the shifting sentiment around Cardano.</li><li>Cardano faces a critical test at $0.85 and needs to reclaim the psychologically important $1.00 level for a potential rebound.</li></ul>

Cardano Faces Critical Test at $0.85 as Panic Selling Drives 15% Drop

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