3 min readCARDONA (ADA/USD):
Cardona has been struggling to gain momentum or show any significant volatility in recent months. Currently trading at $0.34, there are no clear signs that the price is stabilising in these lower support levels.
Taking a closer look at the technicals, I’m particularly interested in how the price action evolves within this current internal support zone. This area also aligns perfectly with the ascending trend line. If the price fails to hold this level as support, I’ll be watching the lower support region around $0.30.
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