Cardano Price Technical Analysis – Can ADA/USD Correct Higher?

Key HighlightsADA price settled below the $0.1600 level and it is currently in a bearish zone against the US Dollar (tethered).
There is a major contracting triangle forming with resistance at $0.1540 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair must break the $0.1500 and $0.1550 resistance levels to start an upward move.Cardano price is struggling to move higher against the US Dollar and Bitcoin. ADA/USD has to settle back above $0.1550 to start a fresh recovery in