Cardano’s current discount is tempting, but traders are being warned that “cheap” isn’t the same as “ready to rally.” On the daily charts, ADA looks deeply oversold — a situation that often lures bargain hunters — yet the technical picture still favors caution. Trend Rider, posting an update on X, says Cardano is sitting inside what his Rider Algo marks as a dark red zone: an area of heavy pressure and exhaustion. While many market participants interpret these signals as a “perfect bottom,” Rider argues the more common outcome is extended sideways drift. In those ranges, early buyers can get stuck watching price languish as momentum fails to materialize. The practical takeaway from his view: don’t try to catch the absolute bottom. Rider prefers to wait for evidence of returning strength rather than buying the lowest print. For him, the key test is a decisive breakout—specifically a daily close above $0.45. Until ADA clears and holds that level, he says bears remain in control of market structure and his plan is to enter only after confirmed momentum, not on a speculative bottom-pick. A separate read from Marcus Corvinus highlights the shorter-term battleground: a demand zone between $0.33 and $0.36. Buyers have defended that band before, and if they do so again while bullish momentum builds, ADA could mount a sustained bounce toward the next meaningful resistance around $0.53. That $0.33–$0.36 band is being watched as a decision point—either it holds and helps rebuild structure, or a failure could keep downside pressure in place. Bottom line: Cardano’s low price is noteworthy, but the trade setup is defined by confirmation. Watch the $0.33–$0.36 demand zone for support and a daily close above $0.45 for a conviction breakout; until then, momentum—not low price—should drive entries. Read more AI-generated news on: undefined/news