Cardano (ADA) - Bullish Breakout or Further Consolidation?
2024-12-12
Category: None

Cardano (ADA) is following the trend, showing signs of a potential breakout. Key support at $0.94 and resistance at $1.3 are pivotal areas to watch.  A possible uptrend can happen if  volume confirms and resistance is broken. However, a rejection at resistance could lead to further consolidation or a pullback. Keep an eye on these levels for possible trade opportunities!
A targect of $2.7 looks possible if the resistance is broken with a good volume.