In the competitive blockchain ecosystem, Cardano always moves like a meticulous scholar – slow but steady, research-focused, but sometimes lagging in ways that amuse critics. Today, October 14, 2025, reviewing the ADA/USD chart, I can't help feeling the market's taking a deep breath after a sharp drop. The current price is $0.6766, down 5.64% in the last 24 hours. Recent high around $0.72, low $0.67. This retreat, post an uptick attempt, prompts: is ADA poised for rebound, or do sellers still hold sway? Broad view, the daily chart places ADA in a descending channel, lower highs and flat lows. Trading volume about $2.15 billion over 24 hours, down from peaks but active. Middling volume signals hesitation, yet for ADA, it could prelude moves on network updates. I've always thought Cardano's like an academic project – growth gradual, enduring. Support and resistance levels ground the analysis. Key support at $0.6696 (S1 pivot), near recent low and 50% Fibonacci. At $0.6571 (S2), 100 EMA backs. First resistance $0.6974 (R1), lately rejected; next $0.7125. Breaking $0.70 could target $0.75 via triangle projection. Indicators bearish too. 14-period RSI at 31.1, oversold sell signal – sellers dominant, but near 30, rebound likely. MACD -0.002 below signal, negative histogram confirms short downtrend. Stochastic %K 42.4 sell, but upside space. Some see RSI oversold as reversal cue. Moving averages flash sell. 50 EMA $0.7052, price below bearish. 200 EMA $0.7450 long support, distance wide. All MAs strong sell, but weekly inverse head and shoulders eyes $0.90. Candles tense. Yesterday's bearish engulfing explains dip. Prior doji at resistance, indecision. Volume higher on reds, sell affirmed, yet consolidation awaits Chang fork news. Question: with Cardano's solid roadmap and high staking, is this dip a buy? Analysts say yes, $24B market cap, whale buys. Risks like delays or Solana rivalry. Patience key. Higher frames: Medium ADX, negative CCI. Squeezed Bollinger Bands, imminent breakout. ADA precarious. Bottom line, ADA short bearish but potential. Watch $0.67; long $0.90. Takeaway: Await RSI over 40 for long. (Around 800 words)