ADA had hit a significant supply zone and could face more selling pressure. The selling pressure could drive ADA’s price down to $0.3102. A move beyond the supply zone will invalidate the above outlook. Cardano [ADA] recently hit a supply zone full of bearish order blocks. As such, it is a selling zone that could
![Cardano [ADA] could offer short-selling opportunities at these levels](https://images.cryptocompare.com/news/default/ambcrypto.png "Cardano [ADA] could offer short-selling opportunities at these levels")
