Cardano has broken a monthly support!

Support in the range of $0.305-$0.310 was considered for Cardano, where the price is still located. Positive divergences are observed on the RSI indicator. Also, due to the formation of the horizontal zone on the Ichimoku indicator cloud, there is a possibility that the price will return from this support level. But you should note that Cardano has broken monthly support, but if it can return above the $0.35 range this month, it is more likely that the break is fake, and the price will remain at the monthly support level. Buyers' short-term resistances and targets are in the range of $0.340-0.347; the second target is in the range of $0.360-0.370 and can be short-term profit-saving ranges. Note that the first resistance is the same as the midline of the main descending channel.