Cardano after retest of support line may start moving up

Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the ADA/USDT chart.

On the chart, we see how the Cardano formed the descending wedge and trades inside.

The price is now trading close to the resistance line, but can go down and retest the support line.

After a possible retest, the price could bounce back and break through the resistance line.

I expect the price to start rising to the level 0.3295 where I set the target.

This is my opinion, I really hope it will be useful for you.
Trend Analysis

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