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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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
