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Cardano Alert at $0.4477: Analysis Deciphers ADA Next Move!
ADAUSDT Perpetual Contract
Long
Cardano Alert at $0.4477: Analysis Deciphers ADA Next Move!
By Trade-Lean
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May 12, 2024
3
May 12, 2024
Cardano has to move back to above $0.4477, otherwise it will dip to $0.3963 and, possibly, lower.
A bullish break-out of $0.4477 will push price back to $0.5434.
Above $0.5434 is a bullish daily zone and we will see a move towards $0.6562, where price action will be very important.
A sustained price action above $0.4477 will increase odds of the dip to $0.335.
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