🚀 ADA MAY BE REVERSING FROM THE LOWER WEDGE SUPPORT
Support: 0.244 – 0.246
Resistance: 0.279 – 0.281
Target: 0.279 – 0.281
$ADA is reacting from the lower boundary of the broader wedge after a sustained corrective move inside the structure. The latest bounce from support keeps the bullish recovery scenario alive, especially as price begins to push away from the local base.
As long as buyers defend 0.244–0.246, ADA may continue rotating 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?