$ADA AT A CROSSROADS – BREAKOUT OR BREAKDOWN AHEAD?
$ADA is currently trading at $0.6771, attempting a recovery after a sharp sell-off from the $0.6900 resistance. Price action is now tightening in a narrow range, signaling an incoming breakout or rejection. Volume remains steady, but buyers and sellers are nearly balanced, adding to uncertainty.
Key Levels to Watch:
• Resistance Zone: $0.6880 – $0.6900 — A breakout here could reopen the door to $0.7000 and $0.7179 (24H high).
• Support Zone: $0.6700 – $0.6660 — A breakdown below this range might trigger deeper selling toward $ADX
Trade Setup – Prepare for a Sharp Move!
Bullish Entry:
• Above $0.6900 with momentum
• TP1: $0.7000
• TP2: $0.7179
• Stop-Loss: Below $0.6700
Bearish Entry:
• Below $0.6660 confirmation
• TP1: $0.6525
• TP2: $0.6400
• Stop-Loss: Above $0.6880
