Bitcoin is slowly moving downwards. At the same time, altcoins are following it. Cardano is now breaking through the trend line, which acts as support. If the price breaks and tests this trend line as resistance, it will be a sell signal. There was a contraction before that, which also indicated a breakout and a fall. There is liquidity at the bottom and the price can collect it.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade