📈 Cardano ($ADA): green impulse or trap?
🟢 **Price:** $0.5740 — average level, but the rising chart signals a positive sentiment.
🟢 **RSI:** Likely already above 50 — buyers are regaining control.
🟡 **MACD:** If the bullish signal is maintained — the trend may gather momentum.
🟡 **Bollinger:** The price may have bounced off the lower boundary — potential for continued growth.
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Updated conclusion:
ADA shows signs of recovery. If volumes confirm the movement — this could be the start of a new impulse. But if growth occurs without support — a false breakout is possible.
📌 **What to do?**
🔼 Entry on volume confirmation?
🔁 Or wait for a retest of the $0.57 level?
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