Cardano has managed to find temporary support above the $0.6 mark, a level where buyers have consistently stepped in to defend the price from further losses. However, despite this, the broader price structure remains bearish, and the ADA price continues to struggle beneath key resistance levels. Here’s a closer look at what the charts are saying
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Cardano Bulls Defend $0.61 Support, But the Bearish Structure Remains Intact-What’s Next for the ADA Price Rally?
Cardano has managed to find temporary support above the $0.6 mark, a level where buyers have consistently stepped in to defend the price from further losses. However, despite this, the broader price structure remains bearish, and the ADA price continues to struggle beneath key resistance levels. Here’s a closer look at what the charts are saying