Cardano is approaching the support line of a Falling Wedge pattern. We anticipate either a breakout through this line or a rebound.

Will Cardano have enough momentum to break below support?
An emerging Falling Wedge pattern in its final wave has been identified on the Cardano 1 hour chart. After a strong bearish run, Cardano is heading toward the upper triangle trendline, with possible resistance at 0.3653. If the support holds, the Falling Wedge pattern suggests a rebound toward current levels.

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