CARDS: Hayes Names Protocol Top Conviction Trade
CARDS at $0.29 draws Hayes highest conviction call as undervalued protocol amid neutral RSI and EMA50 support at $0.27.
SourceAnalysis
CARDS draws fresh attention after @CryptoHayes labeled the protocol his highest-conviction trade of the week on CoinDesk’s 10X segment.
Price action shows CARDS holding a bullish structure above the EMA50 at $0.27 while the EMA200 sits at $0.21 as deeper support; with the pair trading inside the Bollinger Bands and testing the upper band resistance at $0.33, RSI at 55.8 leaves room before overbought conditions while the MACD death cross signals short-term caution, pointing to a probable healthy pullback toward the 50-EMA before any continuation higher.
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