Cardano Price Enters Key Demand Zone—Short-Term Pullback Could Set Up a Rebound
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The post Cardano Price Enters Key Demand Zone—Short-Term Pullback Could Set Up a Rebound appeared first on Coinpedia Fintech News Cardano has entered a critical technical phase as selling pressure accelerates into early 2026. After failing to sustain its late-2025 recovery, ADA has resumed a broader corrective move and is now trading near long-term demand levels. Since the start of 2026, price action has remained decisively bearish, with lower highs and expanding downside momentum. The weekly chart now places the ADA price at a make-or-break zone, where the next reaction is likely to define whether the market sees a deeper correction or a technical rebound. Cardano Price Analysis: ADA Enters a Crucial Demand Phase On the weekly timeframe, ADA is trading near $0.30, down sharply from its early-2026 highs near the $0.40–$0.45 region. Since January 2026, the token has printed consecutive bearish candles, reflecting sustained distribution rather than a short-term pullback. Price is now testing a historically significant support band between $0.28 and $0.30, a zone that has previously acted as both support and resistance across multiple cycles. From a structural perspective, ADA remains in a broader descending range, with price compressing into a well-defined demand zone. The chart highlights two potential paths: Scenario 1: Support is defendedIf the $0.28–$0.30 support band holds, ADA may form a base similar to prior accumulation phases. In this case, the ongoing decline in RSI (currently near 30) could push into oversold territory, historically a zone where buyers have stepped in. A stabilisation here could trigger a technical rebound toward $0.36–$0.40, aligning with prior resistance. Scenario 2: Support failsIf ADA loses $0.28 on a weekly closing basis, the lack of nearby demand opens the door to a deeper retracement toward $0.24–$0.22, marking the next major demand cluster. Momentum indicators remain weak. The MACD is…
Filed under: News - @ January 31, 2026 6:29 pm