Cardano’s on-chain trading volume has plummeted over 94% in six months, coinciding with a 68% price decline, signaling weakened investor activity. Despite this, a bullish inverse head-and-shoulders pattern and RSI divergence on the charts suggest a potential reversal near the critical $0.30 resistance level. However, rising profit-taking risk at this threshold could trigger selling, making the breakout or rejection at $0.30 pivotal for ADA’s next price trend.

