Cardano ($ADA ) has recently faced rejection from the local Point of Control (POC), signalling that sellers remain active around the current value area. While the rejection has slowed bullish momentum in the short term, the broader technical outlook remains constructive as price continues to trade above a critical monthly support level. Holding this higher timeframe support keeps the overall bullish structure intact and suggests the recent pullback may simply be a healthy pause within the broader trend.
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