$ADA – THE BIGGEST BREAKOUT CONTINUES IF THE PRICE FORMS MOMENTUM ABOVE KEY LEVELS
ADA has sharply risen from a low of $0.4057 and has breached several resistance levels, now holding above the $0.47 zone with clear bullish momentum. A strong impulse candle to $0.4842, followed by a healthy pullback and recovery, indicates that buyers are still firmly in control, positioning ADA for a potential continuation of upward movement.
Trade Setup (LONG)
Entry Range: $0.468 – $0.475
Target 1: $0.485
Target 2: $0.498
Target 3: $0.512
Stop-Loss (SL): $0.456
Short Market Outlook:
ADA exhibits a strong bullish structure with higher lows and consistent demand near support. As long as the price holds above $0.468, bullish pressure remains intact and could push ADA to new short-term highs. A drop below $0.456 would signal a weakening of momentum and nullify the bullish setup.
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