As you can see from the name and the current market situation, Cardano is approaching key support that is pretty strong enough for the price to test it and bounce back up. Selling at this point doesn't have a good R/R ratio, but you may open more long positions at the indicated support after some confirmation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.