๐ข $ADA The unification is igniting... Is the bullish explosion coming?
๐ Despite the decline of -5.92%, ADA still maintains its bullish structure, remaining stable above the key support area of 8300.
๐ Technical Reading:
- The price is testing a historic support level from the previous consolidation
- A rebound from 8300 strengthens the momentum towards targets of 8920 then 9120
- A breakout of the extended resistance at 9450 could open the door for a strong bullish wave
โ ๏ธ Alternative Scenario:
- A clear break and daily close below 8300 could push the price towards 8120 then 7900
๐ฒ Overall Outlook:
As long as the price is above 8300, the bullish trend remains intact. The market is in an accumulation phase... and the explosion may be closer than you expect.
๐ก Follow channel #CryptoEmad to get analyses before the market moves!
