🚨 #ADA Update: Cardano Consolidation in a Falling Wedge! 🚨
Cardano (ADA) is currently consolidating within a falling wedge pattern, showing signs of bouncing off the support levels 👀. This setup hints at a potential breakout in the near future!
Key resistance levels to watch:
MA 50 and MA 200 are acting as resistance just above the upper trendline of the wedge 🔻.
💡 What to Do:
Wait for a clear breakout above $0.360 before jumping into a bullish position 📝. This breakout will confirm ADA’s momentum shift towards a more bullish trend.
🎯 Post-Breakout Targets:
1. $0.465 📈
2. $0.560 🚀
3. $0.665 🔥
Keep a close eye on these levels and prepare your strategy for a potential upward surge!