The breakout above the $0.80 level was a major technical milestone for Cardano.
✅ The price not only breached the resistance, but also confirmed it with a strong daily close — clearly signaling that sellers have lost control of the market.
Now, we’re likely to see buyers step in and take over the trend.
🕒 For a more optimal and lower-risk entry, I suggest watching the $0.64 area.
There’s a strong possibility that liquidity around this zone could push the price aggressively toward $2.20, backed by solid bullish momentum.
🎯 This setup offers a promising upside — stay alert for confirmation signals.
✅ The price not only breached the resistance, but also confirmed it with a strong daily close — clearly signaling that sellers have lost control of the market.
Now, we’re likely to see buyers step in and take over the trend.
🕒 For a more optimal and lower-risk entry, I suggest watching the $0.64 area.
There’s a strong possibility that liquidity around this zone could push the price aggressively toward $2.20, backed by solid bullish momentum.
🎯 This setup offers a promising upside — stay alert for confirmation signals.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.