<ul><li>Cardano's ADA token is trading in a tight range near a key support level, drawing attention from market watchers.</li><li>ADA is holding above the $0.7298 support but facing resistance from a long-term downtrend line, indicating a potential breakout.</li><li>Technical indicators show a neutral-to-bearish bias with RSI near 40 and MACD signaling weakening momentum.</li><li>Trading volume remains low as analysts anticipate a breakout, with the price nearing a squeeze pattern apex.</li></ul>

Cardano Price Squeeze Tightens as ADA Prepares for Next Move

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