<ul><li>Cardano's price has been trading sideways for nine weeks and is showing low volatility and lack of strong directional movement.</li><li>There is a potential price dip below the $0.63 level, based on the Fibonacci retracement, which is a key technical metric.</li><li>Despite the bearish sentiment, market analysts suggest that the current price levels are attractive for retail investors to accumulate Cardano (ADA).</li><li>The 200 SMA (simple moving average) is seen as a strong support line and approaching it is considered a bullish signal by some traders.</li></ul>

Cardano’s Hidden Bull Signal 99% of Traders Are Missing Right Now

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