ADA Bulls Fight to Defend $0.20 After Channel Breakdown

ADA trades near $0.208 after breaking below its rising channel, with $0.20 support under pressure.Analyst Ali Charts warns ADA could fall 20% toward $0.166 if $0.220 resistance holds. Cardano development continues, but declining DEX volume and stablecoin supply signal weakening network activity. ADA is under pressure after breaking below a rising channel that supported recovery since June. The token traded near $0.208 on October 24,…