ADA has been moving sideways all day but the lower bound is always strongly supported, especially around 0.424. This is not the typical price holding of retail but rather a steady accumulation in small volumes but continuously. The short break followed by a strong pull up to 0.435 is the clearest signal that the buyers have tested the supply and are ready to accelerate. This structure appears frequently whenever midcaps are about to enter a rebound phase according to BTC. Although there hasn't been a volume breakout, the fact that the price holds above the 0.43 range shows that the support is targeting something clear. If ADA continues to break above 0.441, the pull up to 0.456 could happen quickly and decisively.
ADAUSDT
Perp
0.4361
+4.23%