Cardano (ADA) Price: RSI at Record Lows, Reversal Pattern Forming — Here’s What to Watch

Cardano (ADA) is trading near $0.16, holding above a key weekly demand zone between $0.14 and $0.17. The weekly RSI has dropped to one of its most oversold readings on record. A potential inverse head-and-shoulders pattern is forming but not confirmed. First major resistance sits at $0.224–$0.236; a break above could target $0.31.