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
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.