$ADA 4H Technical Update
Cardano on the 4H timeframe is trading near key resistance and forming a Head & Shoulders structure.
Current price behavior shows:
• Price struggling to break above major resistance
• Left shoulder → head → right shoulder clearly visible
• Momentum weakening after repeated rejections
This pattern often signals a potential trend reversal if confirmation follows. A clean break below the neckline would increase downside risk.
For bullish continuation, ADA must break and hold above resistance with strong volume.
Until then, caution and patience are advised.
