Testing the support level at the bottom of the triangle

Cardano is testing the support level at the bottom of a triangle pattern. This key level will be crucial in determining the future price direction. A hold could lead to a rebound, while a break may signal further decline.

6/2/20241 min read

These descriptions clearly convey the critical nature of the current support level for Cardano and t
These descriptions clearly convey the critical nature of the current support level for Cardano and t

Cardano is currently testing the support level at the bottom of the triangle. This key point can play a crucial role in determining the future price direction. If this support level holds, there is a possibility of an upward movement and a price rebound to higher levels. However, if this support is broken, a continuation of the downward trend and further price decline can be expected.