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  1. Home
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  3. $Cardano (ADA) – Consolidation Before the Next Move

$Cardano (ADA) – Consolidation Before the Next Move

Scheduled Pinned Locked Moved Trading
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  • Arman ShabanA Offline
    Arman ShabanA Offline
    Arman Shaban
    wrote last edited by
    #1

    By analyzing the #Cardano (ADA) chart on the 3-day timeframe, we can see that the market has been consolidating around the $0.70 level after its strong recovery rally earlier this month. This sideways movement indicates that buyers are still defending key support levels, while liquidity is being accumulated for the next potential breakout.

    The $0.68–$0.75 demand zone remains critical — as long as ADA holds above this range, the bullish structure stays intact. Once momentum builds up again, the next targets to watch remain $0.85, $0.95, and the psychological $1.00 level.

    This period of consolidation looks healthy and could serve as a base for continuation, especially if Bitcoin maintains stability above $110K. ADA is simply cooling off before its next major leg up. 🔥

    cc75fc16-4c82-4e1a-9040-b41687b04852-image.png

    #ADA #Cardano #Crypto #Trading #ArmanShabanTrading

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