Cardano continues to hold the $0.50 zone — a critical level previously acting as resistance, now confirmed as support after multiple successful retests. Structure has shifted bullish with a new higher high and a potential higher low forming in this confluence region. Volume has steadily increased, signaling accumulation.
If ADA maintains this level, the next major resistance lies at $1.13, a previous supply zone that caused a sharp rejection. A breakout above $1.13 opens the path toward $2.00. Momentum is building — confirmation comes with a clean daily or weekly close above resistance.
Key Levels:
Support: $0.50
Resistance 1: $1.13
Resistance 2: $2.00
Structure: Higher high in place; watching for higher low confirmation
Break and hold above $1.13 will confirm bullish continuation toward higher targets.