Cardano ran 23% vertically from $0.171 to $0.21 in just four days and has now stalled directly beneath its 50-day high at $0.2115.
Resistance at the 50-day high, a break above the upper volatility band, and price rising while upward force fades all stack at this one level - and volume on the final push collapsed.
That said, a candle closing above $0.2115 would mean the resistance genuinely broke and this read is wrong, which is why the stop sits just above it at $0.2155.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
