A solid zone for this altcoin!

Cardano (ADA) has been in a bearish phase since the end of 2024. However, price is now back on a key support zone (green), where a rebound scenario is on the table.

Bullish signals:

👉 Holding above $0.22 on a closing basis

👉 Reclaim above the moving averages (EMA13 / MA30)

👉 Daily close above $0.435

👉 Breakout of the bearish trendline on the RSI (bullish momentum)

Targets:

🔜 Fibonacci extensions 2 and 2.618 → between $0.86 and $1.30

🔜 Fibonacci extension 3.618 → around $2.60

Clear structure. Defined invalidation. Risk/reward starting to make sense.