The chart shows a 4-hour timeframe analysis of Cardano (ADA) against Tether (USDT) on Binance. It highlights a potential upward price movement towards the previous market high (PMH) of around $0.40. The price has bounced from a support zone around $0.34 (4H Fair Value Gap - FVG), signaling potential bullish momentum. If the support holds, the target seems to be the $0.40 area.
#adausdt #cardano $ADA
#MarketDownturn