🚀 ADA MAY BE REVERSING FROM THE LOWER WEDGE SUPPORT
Support: 0.246 – 0.248
Resistance: 0.279 – 0.281
Target: 0.279 – 0.281
$ADA is reacting from the lower boundary of the broader wedge after a long corrective phase inside the structure. The latest move from support looks like a recovery attempt rather than a fresh breakdown, which keeps the bullish rotation scenario alive for now.
As long as buyers defend 0.246–0.248, ADA may continue pushing higher toward the 0.279–0.281 resistance zone near the upper wedge boundary. A clean loss of support would weaken this bullish setup quickly and open the door to a deeper correction before any real breakout attempt. 🔥
Do you see ADA reclaiming the upper wedge from here, or does this setup still need one more brief shakeout first?