Cardano Must Hold Critical Support Around $0.67 To Sustain Bull Run Details

Cardano's price dropped over 7% in less than six hours due to the Bybit hack, but it remains above a crucial support zone between $0.67 and $0.80. Holding this support is critical for Cardano's short-term outlook, and a breakdown below this range could trigger further selling. Cardano is currently trading around $0.75, and bulls need to push the price above $0.82 and hold it as support to signal a positive shift in momentum. If Cardano can hold above the $0.73 level in the coming days, it would confirm short-term strength. However, if it falls below this level, further downside is possible. If Cardano can reclaim $0.82, a strong rally might follow. The 4-hour 200 moving average, a key indicator, is currently around $0.85.