Cardano Price Analysis: ADA Holds the $0.38–$0.40 Support Zone as Sellers Cap Upside at $0.44–$0.47

Cardano's ADA is consolidating on the daily chart after a decline from the mid-$0.42 region into the low $0.40s, with price still suppressed beneath short- and medium-term moving averages. Bearish momentum is easing as the MACD narrows and the RSI holds in the low-40s, but resistance around $0.4356, $0.4499 and $0.4697 continues to cap upside while support in the $0.38–$0.40 band underpins the downside risk. Order book liquidity clusters near $0.45 on the sell side and in deeper bid zones below spot, shaping both potential recovery attempts and the threat of further weakness.