$ADA – Building for a Breakout?

$ADA is showing early signs of strength today, trading at $0.523 after a slow grind from the $0.48 support. Volume is increasing slightly, hinting at potential breakout play.

Technical Breakdown:

4H trendline resistance around $0.535

Strong horizontal support held at $0.505

RSI trending upward (now at 58)

Daily MACD about to cross bullishly

Next Move: $ADA could make a move toward $0.56–$0.58 range if it breaks $0.535 with conviction. A rejection here could drag it back to the $0.50 zone for consolidation.

Entry Ideas:

Early Entry: $0.520–0.525 range (SL at $0.505)

Breakout Entry: Above $0.535 with confirmation

Short-Term Target: $0.555

Mid-Term Target: $0.58

SL: $0.505

Cardano is prepping for something bigger – don’t sleep on it.