Cardano's recent trend has attracted quite a bit of attention. According to the latest market data, ADA is building support around $0.3621, with the price repeatedly consolidating near $0.37. This market behavior indeed reveals some interesting signals.

From a technical perspective, ADA is currently priced at $0.336394, in a consolidation and retest phase. The RSI indicator reads 40.8, showing a neutral to slightly weak pattern — neither overly oversold nor showing a strong rebound. In this state, the key support level at $0.322900 becomes particularly important, serving as a watershed for determining the next direction. Resistance above is at $0.349800, with a breakout target set at $0.344800.

Logically, as long as the support level holds, there is a probability of a bottom rebound. Once ADA stabilizes above $0.322900, there is still room for upward movement. Furthermore, if it can break through the $0.344800 threshold, it may reach the resistance zone at $0.349800. But the core of trading always lies in risk management — greed often precedes losses.

The practical approach is as follows: after confirming a breakout signal at $0.344800, consider building or adding to positions gradually, targeting the resistance level. Conversely, if the price falls below $0.322900, it is essential to cut losses immediately. After all, protecting capital always takes precedence over gains.

Whether this wave of market movement can develop into a trend-based rally depends on the performance over the next few trading days. The market is never short of opportunities; what’s lacking is patience and discipline.