ADA/USDT Analysis. Cardano under 1 USD ?

Cardano is in a strong down trend. In the multi time frame analysis, we see a line down trend on H4 trend, and also on H1.

What matters is what Price action will show on the lower time frames.

At this time, we prefer a drop to 1.05 and below $ 1. An alternative scenario is a turn up and a rise to 1.16 and further above 1.26.

Do not trade without proper rules based strategy. Never!