Cardano Slips Below $0.40 as Market Structure Weakens and Buyers Retreat

On January 20, 2026, Cardano's ADA traded under renewed selling pressure after losing the key $0.40 support area, which has now turned into resistance. The token is consolidating below former support and hovering near an intraday base around $0.36, with derivatives data indicating reduced leverage and cautious positioning. Unless ADA can reclaim and hold above the broken zone, analysts note that rebounds may stay shallow and the path toward the $0.32 region remains open.