It’s time to revisit a key prediction from nearly three weeks ago — and it's finally showing confirmation! 🔍
We previously forecasted a retest zone for
$ADA between $0.72–$0.74, and although the timing extended longer than anticipated, the actual retest materialized slightly lower — right around $0.69–$0.70.
As highlighted (green circle), both daily candles held their body above the crucial yellow line, providing our first solid confirmation of a successful retest. ✅
🔼 What's Next?
If this bullish structure holds:
We're expecting a continued move up toward the $1.14–$1.20 range.
In an even stronger rally,
$ADA could potentially push as high as $1.70, depending on overall market strength and volume momentum.
⚠️ Risk Factor – BTC in Focus
However, there is a bearish scenario we can’t ignore. If BTC starts to close below $112K, it could create downward pressure across the board. In that case:
ADA could fall below the triangle structure we've been tracking.
Closes below the yellow line would indicate a false breakout and possibly a deeper correction.
$ADA 📊 For now, this remains the less likely scenario, given ADA’s current market structure and support levels — but it's definitely one to monitor closely.
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