Cardano ( $ADA ) is sitting right on a major long-term support around $0.24, a level that has historically acted as a strong base.

WHAT TO WATCH:

Holding above $0.24 will give a possible bounce toward $0.73 and breaking above $0.73 will open room for $1.00+

But Losing $0.24 will increase downside risk significantly

All eyes on this level.