In our last Cardano analysis we had 2 areas we were looking for a reversal. One of them was the structure level we are at now.
We're on the 5th wave, which is often a descending correction. Currently in wave E and waiting for the breakout, indicating a bullish reversal.
Trade Idea: - Watch for bullish price action within the wedge (possibly double bottom) - Enter with stops below the lows - Targets: 2.4, 3, manually manage the rest