Cardano is currently exhibiting signs of recovery after recent volatility, with market structure gradually shifting toward accumulation. Price action shows that down-moves have become less aggressive, and rebounds are met with steadier demand—suggesting that sellers are losing conviction while buyers are stepping in.
USDT ADA PERPETUAL forum
Cardano is currently exhibiting signs of recovery after recent volatility, with market structure gradually shifting toward accumulation. Price action shows that down-moves have become less aggressive, and rebounds are met with steadier demand—suggesting that sellers are losing conviction while buyers are stepping in.
Setup looks ready, just needs volume confirmation.
Break and close above $.92 with rising volume could send it.
A daily close below $.76 would invalidate this set up for me.
Cardano (ADA/USDT) is maintaining a bullish structure as the market continues to show controlled accumulation. Liquidity activity reflects confidence from buyers, with steady inflows supporting gradual upside movement.
Cardano is currently moving through a rebalancing phase following a controlled bullish impulse. The market is showing signs of redistribution, as liquidity rotates between intraday participants and larger players consolidate positions. Price action remains within a defined structural range, indicating that ADA is in a preparation stage for its next delivery cycle.
BTC hit ATH
ETH hit ATH
BNB hit ATH
XRP hit ATH
and...
Yet ADA can't even hit its 2024 ATH *_* .....