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Cardano warned of drop to $0.14 as key support level tested

Cardano has slid toward a key technical support level, raising the possibility of another drop into the $0.14 range. Elliott Wave analyst V warned that ADA may not have formed a final bottom and could fall further if it breaks below the lower boundary of an ascending channel that has held since the June 2026 low. Market analyst Ali Martinez also flagged a potential breakdown and said ADA could drop to $0.166 if it stays below $0.220.