Cardano confidently breaks the downward trend line after forming 3 clear lows and is currently stabilizing in a positive consolidation pattern on the daily frame. This consolidation with 4 solid candles indicates that a bullish breakout may be just a matter of time.
🔍 Technical Overview: • Current Price: 0.924 • Successful break of the downward trend • Potential bullish scenario of 70% • Long-term entry opportunity is forming
📌 Levels to Watch: • Support: 0.895 – 0.910 • Resistance: 0.960 then 1.00 • Daily close above 0.960 = Strong confirmation signal 🔥
📢 Are you ready to ride? Follow #CryptoEmad for more
#ADA #Altcoins #CryptoTrading #ChartAnalysis
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.