On the 30-minute chart of Cardano, price is reacting precisely from marked supply zones while respecting mid-range demand. We’ve seen multiple rejections from the upper resistance block, followed by a shift in short-term momentum.
Currently, price is trading below the intraday resistance and compressing toward the mid-range support area. If this level fails to hold, the next liquidity pocket sits near the lower demand zone around 0.2580–0.2620. A sweep into that area could offer a potential reaction before any bullish recovery.
Key levels to watch:
• Upper supply zone – strong rejection area
• Mid-range demand – short-term decision point
• Lower demand zone – potential liquidity sweep region
Stay patient and let the structure confirm the next move. Risk management remains essential.
Currently, price is trading below the intraday resistance and compressing toward the mid-range support area. If this level fails to hold, the next liquidity pocket sits near the lower demand zone around 0.2580–0.2620. A sweep into that area could offer a potential reaction before any bullish recovery.
Key levels to watch:
• Upper supply zone – strong rejection area
• Mid-range demand – short-term decision point
• Lower demand zone – potential liquidity sweep region
Stay patient and let the structure confirm the next move. Risk management remains essential.
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Penafian
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Join our free telegram channel t.me/K2XTrade
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.