$ADA
Approaching the breakout area - Bullish traders are lining up!
Cardano is moving strongly below the resistance level of $0.862. Trading volume is increasing, and the price movement is touching the upper trend line - signs of accumulation are clear.
Key technical overview:
• Current price: $0.859
• Breakout resistance: $0.862
• Support area: $0.850 - $0.852
In case of a breakout:
• Target 1: $0.875 (previous supply)
• Target 2: $0.890 (high convergence level)
If it fails to hold at $0.850, it may be retested towards $0.838
Cardano shows strength with higher lows and tight consolidation. A quick breakout may occur
- Don't be afraid of this chart