What is the shark planning when suddenly accumulating 36 million ADA in the midst of a red-hot market?
🔸 While $ADA is still fluctuating down 12%, the Shark with a wallet of 100M - 1B coins has silently accumulated 100 million $ADA since 20/12. Combined with the positive RSI divergence signal on the daily frame, this pattern previously triggered a 30% pump. This is clearly a sign that Smart Money is betting on the rise!
🔸To confirm the reversal, $ADA it is mandatory to break through the resistance at $0.44 and $0.47. If successful, the target is $0.50 - $0.55. Otherwise, keep an eye on the level of $0.34, if this bottom breaks then the Bullish scenario is invalid, watch out for the Fish dumping their holdings!