📈 Cardano ( $ADA ) Market Update 📉
Resistance Testing 🚧
ADA is currently testing a resistance zone around $0.7985.Watch for a potential breakout or rejection.
Volume Profile Visible Range (VPVR) Indicators 📊
Point of Control (POC) at $0.7496 indicates a strong trader interest level.
Value Area High (VAH) at $0.7884, suggesting a shift in trading activity.
Key Levels 🔑
Immediate support zone at $0.7398, termed the "Fall Back Zone."A dip below could signal a retracement or consolidation phase.
Trend Analysis ⬆️⬇️
Look for sustained trading above the VAH to confirm a bullish momentum.Failure to breach the resistance may lead to a price correction.
🧐 Stay vigilant for price action at these key levels and adjust your strategies accordingly!
🌟 Remember: Always do your own research and consider your risk tolerance before making any trading decisions. #cardano #CardanoPricePrediction #CardanoSurge