Cardano/TetherUS is currently trading around $0.3942 on the 1-hour chart. The chart shows a sideways trend with the price fluctuating between support and resistance levels.

Key resistance levels to monitor are at $0.3960 and $0.3988. Support levels to watch include $0.3920 and $0.3900. The current volume is 2.457M ADA, reinforcing the sideways trend.

For a potential trading strategy, consider entering a long position if the price breaks above the $0.3960 resistance level and closes above it. Set a stop-loss at $0.3900 to manage risk. Set take-profit targets at $0.3988 and $0.4000.

This approach helps in capitalizing on a potential uptrend while managing potential downside risk. Follow for more; you’ll earn better with us.