By analyzing the #ADA chart on the 3D timeframe, we can see that after the previous analysis, Cardano managed to push higher and delivered around 8% growth, reaching the $0.275 region before entering a minor corrective phase. Following this pullback, price dropped back toward the key $0.26 support area, where it is currently trading and continuing to stabilize.
From a structural perspective, the overall accumulation scenario still remains valid. The fact that buyers defended the $0.26 region once again shows that demand is still active at lower levels. In my view, ADA looks very close to starting its next bullish expansion phase if momentum continues to build from this base.
As long as price holds above the $0.26 demand zone, the next upside targets to monitor are $0.285, followed by $0.32, then $0.38, and potentially $0.45 if bullish momentum accelerates across the broader crypto market.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
From a structural perspective, the overall accumulation scenario still remains valid. The fact that buyers defended the $0.26 region once again shows that demand is still active at lower levels. In my view, ADA looks very close to starting its next bullish expansion phase if momentum continues to build from this base.
As long as price holds above the $0.26 demand zone, the next upside targets to monitor are $0.285, followed by $0.32, then $0.38, and potentially $0.45 if bullish momentum accelerates across the broader crypto market.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
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⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.