Cardano (ADAUSD) broke our short-term support so we have to step back and look at the higher timeframes... And we go to the daily (24 hours per candle).
Notice that the 18-June low remains intact, even with bad inflation numbers and bad news; This is a positive.
If you see very bad news yet the market fails to break its support, it works in favor of the bulls.
We have good volume today. Still rising and above-average.
Would be really good to see a higher low at this point...