$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