Cardano (ADA) shows strong bullish structure on weekly, daily, and 4-hour charts with higher highs and higher lows.
A potential shorting opportunity exists in a supply zone above liquidity on the 1-hour chart.
Traders must exercise caution as price reactions are unpredictable in zones with high liquidity.
The higher timeframes suggest a bullish momentum while the 1-hour chart indicates a potential short opportunity, but the ultimate direction is uncertain.