$ADA is trading around $0.42-$0.44 with a "Strong Buy" technical signal. Key events like the Midnight sidechain launch today may increase volatility.
Actionable Setup:
· Current Trend: Consolidating with immediate resistance at $0.45-$0.47.
· Key Support: Critical zone between $0.38 and $0.40; a break below risks further decline.
· Actionable Entry: Consider a long position on a successful bounce from the $0.40 support area.
· Confirmation Level: A sustained break above $0.47** resistance could signal strength toward **$0.50.
· Stop-Loss: A daily close below the $0.38 support would invalidate the bullish setup.
ADA
0.4312
+3.38%