Cardano is again retesting the same multi-year $0.46–$0.35 bullish order block inside the descending wedge that triggered its last explosive cycle. The structure is almost identical, only bigger.
Market Structure:
3+ years of compression tightening toward the apex
Price holding the institutional accumulation zone
Volatility squeeze signaling a high-probability breakout window
Upside Levels: $1.20 → $2.95 → $5.80+
Last time ADA broke this pattern, it didn’t move 30%… it moved 3,000%.
Asymmetric setup. Invalidation below $0.35.
Not financial advice. DYOR.
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Twitter: twitter.com/CryptoPatel
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Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
