$ADA

Cardano (ADA) Aiming for Recovery as Technical Setup Strengthens 📊

Cardano (ADA), which is currently trading around $0.435 against the ADA/USDT pair, is showing early signs of potential recovery. After holding above the support zone of $0.42, ADA has formed a bullish structure with increasing volume and a tightening range. Momentum indicators such as RSI and MACD indicate a shift towards upward movement. If ADA manages to surpass $0.45, the next resistance is near $0.48, opening up the possibility for a retest of $0.50. Meanwhile, ongoing ecosystem improvements and rising DeFi TVL on the Cardano network provide strong fundamental support.