Cardano (ADA) is trading at $0.8293, showing a +4.42% daily gain. The price recently tested the $0.8323 high after bouncing strongly from the $0.8003 low.
On the 15-minute chart, ADA is holding above key moving averages (MA7 at 0.8257 and MA25 at 0.8182), showing solid bullish momentum. The RSI stands at 74.75, indicating overbought conditions, which could trigger a short-term correction.
If bulls maintain control, the next resistance lies around $0.8340–$0.8400. On the downside, support levels are near $0.8180 and $0.8050.
Overall, ADA remains strong in the short term, but traders should watch for potential pullbacks as momentum cools.
