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Cardano Holds $0.283 Support: ADA Eyes 6% Move to $0.30
Cardano (ADA) is maintaining stability above a key rising trendline, keeping the near-term bullish structure alive. With price currently hovering around $0.283, the cryptocurrency is showing signs of resilience as buyers continue to defend progressively higher levels. The critical question now is whether ADA can leverage this support base to push toward the $0.30 resistance zone.
Rising Trendline Support Keeps Bulls Active
Cardano is stabilizing above a clearly defined rising trend support on the 4-hour timeframe, keeping the near-term structure constructive. ADA is holding rising trend support, and the chart setup suggests upside continuation remains possible as long as this base holds. Price is currently hovering around $0.283, with candles clustering just above the ascending support line.
The chart reveals an upward-sloping trendline that originates from early-February lows near the $0.24 area and connects through subsequent higher swing lows into late February. This pattern signals that buyers have repeatedly defended progressively higher levels, preventing a breakdown beneath the trend base. The most recent pullback appears to have respected that support again, helping ADA maintain a higher-low structure rather than shifting into a fresh leg lower.
$0.30 Resistance Zone in Focus
With the trendline still intact, the most visible nearby upside area on the chart is the $0.30 zone, where price previously stalled after the mid-month rebound. A sustained hold above the rising base keeps the market positioned for another attempt toward that region, consistent with the upward projection shown on the chart. For broader context on Cardano setups and key levels, see ADA holds above critical support and ADA micro support zone on TheTradable, as well as Cardano compression setup near $0.28 for a higher-timeframe perspective.
This technical moment matters because the rising trendline provides a clear, easy-to-monitor line between continuation and breakdown. If ADA stays supported above the trend base, it preserves the path of least resistance toward retesting overhead supply near $0.30. If the trendline fails decisively, the setup would lose its bullish structure and increase the risk of deeper retracement back toward prior support zones.