Cardano Price Eyes Breakout Above $0.24 as Recovery Structure Takes Shape
Cardano's price is showing signs of strength after holding onto key support at $0.19 and recovering towards $0.21.
A new four-hour buy signal has been confirmed, indicating improving momentum for ADA.
The first important level to watch is around $0.205-$0.21, where the price needs to establish support before attempting a breakout above $0.24.
Clearing this resistance would open the path towards a larger recovery and potentially lead to targets around $0.29, $0.37-$0.42, or even the longer-term objective of $0.90.