Cardano Indicator Signals Potential Buy as Resistance Levels Tested

Cardano (ADA) is maintaining stability above the $0.70 support level despite broader market challenges, including macroeconomic uncertainty and trade war fears. Key points include:

ADA currently trades at $0.71, showing resilience after days of consolidation.
The TD Sequential indicator recently signaled a buy on the 4-hour chart, indicating potential bullish momentum.
Bulls need to reclaim levels above $0.85 to confirm a bullish reversal and initiate a recovery rally.
A drop below $0.70 could lead to further declines towards $0.60, marking a significant technical breakdown.
Market sentiment is cautiously optimistic, with hopes for ADA to lead in a broader recovery if conditions stabilize.

Overall, Cardano's performance is closely tied to its ability to maintain support and push through resistance levels in the coming days.