🤑 Cardano (
$ADA ) Update — Still Trading Near Bottom Levels
#Cardano #ADA #ADAUSDT Cardano continues to trade near its bottom range without forming new lows. The price structure is similar to Dogecoin’s previous accumulation phase, where bearish waves slowly transitioned into a bullish move. A final shakeout is possible, but overall momentum is stabilizing.
ADA has been in a downtrend since December 2024. Early selling pressure was strong with high volume and large bearish candles. Recently, price action has shifted into sideways consolidation with a slight bearish bias, yet no new lows have been made for weeks. This zone remains a potential entry area, but caution is required.
The market is expected to turn, although short-term volatility cannot be ruled out. Once the market turns green, the move could be fast, leaving little time for late entries.
Smaller projects may move first, but historically, major coins like ADA tend to follow with stronger confirmation.
A new wave of growth is likely ahead.
🔐 Manage risk and secure positions.
📈 Wait for bullish confirmation before entering aggressively.
Thank you for reading.
✅ Trade
$ADA wisely