Cardano Technical Analyze

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Trend: Similar to the other pairs, ADA is also in an ascending channel (orange lines).

Support: The green support around 0.23–0.30 is important, and it could act as a solid foundation for the next move.

Resistance: Resistance at 3.03–3.40 is significant, and breaking it could signal a significant bullish move.

Volume: The volume is relatively low, indicating caution in the market. A breakout or breakdown could bring in more volume.

Price Action: Monitor for price action around the green support. A bounce would be bullish, but a breakdown could target lower levels at 0.15.

Penafian

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