$ADA is back in the spotlight โ and it's looking technical. After weeks of watching and waiting, the retest we predicted has finally played out โ and the confirmation is here! โ
๐ Current Price:
$0.727 (-1.27%)$
Perp: ADAUSDT โ $0.7268 (-1.31%)
๐ข As shown in the chart (green circle), two daily candles have now closed above the yellow support line, confirming a successful retest. Our original target was a dip to the $0.72โ$0.74 range, but due to extended consolidation, the actual retest came in around $0.69โ$0.70.
๐ If this momentum holds, we could see ADA rally toward $1.14โ$1.20, with potential upside to $1.70 if strength accelerates! ๐ฅ
โ ๏ธ But Watch BTC Closely:
If Bitcoin starts closing below $112K, this could drag ADA down, invalidating the breakout. If ADA closes below the yellow trendline, this may indicate a false breakout โ a bearish sign. For now, this risk is low but worth monitoring. ๐
๐ Stay sharp and watch the charts. ADA may be gearing up for something big!
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