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Cardano Price Prediction: Demand Below, But Pressure Remains

  • Cardano price experienced a sharp rejection from the supply zone after tapping into upper liquidity.
  • There is potential for more downside as there is liquidity waiting below, but a small H4 demand zone may act as short-term support.
  • A short-term bounce or consolidation is possible if the price touches the H4 demand zone.
  • While the analysis is based on structure and logic, it is important to remember that trading outcomes are not guaranteed.

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