Big Cardano (ADA) Sell Wall Emerges Below $0.18, Will OI Spike Hold Off Bears?

Cardano (ADA) hints at selling pressure below $0.18 as a large cluster of sell orders on major cryptocurrency exchanges is seen in CoinGlass data. Order-book activity suggested a concentration of selling interest around the $0.177 to $0.179 area, which traders will be watching to see if ADA can break resistance. CoinGlass reported a large sell wall of about $477,000 at $0.179 on Bitget's spot market. A large sell wall was also reported on the major crypto exchange Crypto.com, valued at around $415,000 near this price level on the spot market. Another large sell wall of about $445,400 at $0.177 was reported on Binance's futures market.

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