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Cardano Struggles at $0.72: Can It Avoid a $0.62 Retest?
- Cardano struggles at $0.72, signaling a potential pullback to a crucial support level.
- ADA's price trend hints at a pullback, forming an evening star pattern.
- Technical indicators suggest a bearish outlook for Cardano as it retests the broken 200-day EMA.
- Short-term pullback points to the formation of an evening star pattern, potentially retesting the 50% Fibonacci level at $0.6272.
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