๐ ADA Weekly Structure โ Accumulation Zone in Play
Cardano is currently trading inside a well-defined weekly range between ~$0.29 and $0.37, an area that has acted as strong demand in previous cycles. Price compressing within this zone suggests accumulation rather than distribution, especially after an extended drawdown.
๐ What stands out:
โข Repeated support reactions inside the range
โข Volatility compression โ often precedes expansion
โข Similar structure appeared before ADAโs last major upside phase
๐ฎ If ADA reclaims the upper range with volume and follow-through, the structure allows for a broader recovery move โ with mid-term technical objectives around the $0.78 region, and an extended upside scenario toward ~$1.14 if market conditions remain supportive.
โ ๏ธ These levels are structure-based projections, not guarantees. Confirmation matters.
๐ฌ Is ADA quietly buildingโฆ or still range-bound?
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