![Cardano [ADA] inflicted a bullish breakout- Are short-sellers subdued?](https://insights.cryptobasemarket.com/wp-content/uploads/2023/03/michael-fortsch-6ciqxsggam-unsplash-1-scaled-e1678520515215-277069.jpg)
Cardano [ADA] has depreciated since mid-February and formed a descending channel. But it rallied despite an overwhelming bearish sentiment as the market headed for the U.S. Jobs Report on Friday (March 10).
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