Cardano saw a sharp move higher up to $0.25 but was unable to sustain the rally, down 5% in 24 hours despite a 20% gain over the past week and nearly 30% in a month. The bullish structure remains intact on the daily chart, with the $0.177 support level being the key level bulls must defend. The $0.25 resistance zone represents a local high from May and the supply zone where Cardano was stuck in April. Indicators suggest a short-term retracement phase, with price potentially falling back toward the $0.19-$0.20 demand zone. Low trading volumes would mean choppy, sideways price action around $0.20 as bulls and bears fight for market control.
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