Cardano (ADA) Consolidates: Rangebound or Poised for Breakout? 😵
#Cardano is currently chilling in a tight trading range, respecting both support and resistance. This sideways movement might indicate a breakout is coming, it also suggest a period of consolidation before the next big move can happen on $ADA .📈
If you're looking to enter a trade, consider buying near the support zone between $0.42 and $0.433. However, if you're feeling #bullish , you might wait for a potential breakout above resistance at $0.51-$0.52.
What are Your Thoughts on #ADA ??