Xrew19
Setup Breakdown 18% Cardano Is Clear — but the Only Escape Route Is Also Clear
Cardano's price has moved within a very narrow range throughout most of this month. In the last 24 hours, it has increased by about 0.5%, decreased by approximately 1.6% over a week, and is still trying to prevent a larger decline.
The chart shows a classic bearish pattern, but on-chain behavior and capital flows have not yet fully supported a breakdown. This tension currently defines the ADA price.
Head and Shoulders Pattern Seems to Pose a Threat
On the daily chart, Cardano is approaching confirmation of a head-an
Cardano's price has moved within a very narrow range throughout most of this month. In the last 24 hours, it has increased by about 0.5%, decreased by approximately 1.6% over a week, and is still trying to prevent a larger decline.
The chart shows a classic bearish pattern, but on-chain behavior and capital flows have not yet fully supported a breakdown. This tension currently defines the ADA price.
Head and Shoulders Pattern Seems to Pose a Threat
On the daily chart, Cardano is approaching confirmation of a head-an
ADA-2.36%

