- Key Supply Zone in Play: Cardano’s price revisits a crucial supply zone that could trigger a bearish reaction
- Liquidity Risks: High liquidity below current levels makes buying riskier at this stage
- Uncertainty Remains: While scenarios are possible, market movements remain unpredictable, requiring traders to stay flexible
Trading is as much about reading the charts as it is about understanding probabilities. Let’s dive into Cardano’s current price action, what’s unfolding on the H4 timeframe, and what could happen next. Spoiler alert: there are no guarantees, just scenarios to prepare for.
A Look Back: The Recent Liquidity Grab
In our last analysis, we highlighted how Cardano’s price executed a major liquidity grab on the H4 timeframe. This was what I said:
“Now that Cardano has performed a significant liquidity grab, we might see the price start to decline. It’s typical behavior after such a large move.“
As expected, this move was followed by a downward reaction, shaking out weaker hands and creating new opportunities for the next phase.
Fast forward to now, and the price is making its way back toward the supply zone left behind by that liquidity grab.
This area, sitting on the left of the chart, is one to watch closely—it could spark a bearish reaction as sellers step in to defend their positions.
Bearish Potential at Supply
Let’s be real—this supply zone looks promising for a potential pullback. When price revisits such zones, it often faces resistance, leading to downward moves.
But here’s the catch: trading is never black and white.
For buyers, I’m not seeing any standout zones of interest right now. Why? There’s simply too much liquidity sitting below the current levels, making long positions riskier at this point.
Uncertainty is the Only Certainty
Here’s where we get to the heart of trading: we don’t have crystal balls.
While the setups we’re discussing are possible, they are far from certain. The market could easily surprise us, breaking through the supply zone and invalidating the bearish scenario entirely.
This is why flexibility is key. Having a plan is important, but so is being ready to adapt when the market moves in ways we didn’t expect.
Final Thoughts on Cardano
The Cardano price prediction here isn’t about claiming to know exactly what will happen—it’s about laying out the possibilities. Right now, the supply zone presents a bearish opportunity, but that’s just one of many scenarios.
The takeaway? Stay prepared, keep emotions in check, and never forget that the market moves on its own terms. Whether Cardano bounces, falls, or does something entirely unexpected, your job as a trader is to react—not predict with certainty.
Remember, every successful trader was once a beginner learning to navigate these uncertainties. Stick with it, stay curious, and trust the process. The opportunities will come.
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.
