$ADA Breaking Structure – Ready for a Bullish Breakout🤔🔐👇
$ADA is showing strong accumulation near the 0.70 zone, forming a clean Break of Structure (BOS) on the hourly chart. Price is hovering just below a key supply zone around 0.7227, which aligns with the 200 EMA on the daily chart.
Current Price: 0.7069
Trend Shift: CHoCH confirmed on Daily
Hourly Support Levels: 0.7033 / 0.6995
Resistance: 0.7117 / 0.7227
Strategy Plan:👨🏫
If $ADA price holds above 0.7033 and breaks 0.7117 with volume, we could see a fast move toward the 0.75–0.78 range. A retest of the 0.6995–0.6938 demand zone may also offer a high R:R long entry.
Indicators Signal:📉
RSI is picking up momentum
EMAs turning bullish alignment
CHoCH and BOS support trend shift
Pro Tip:🧑💻
Watch for volume confirmation during breakout and avoid chasing if price hits resistance without momentum.
Disclaimer:⚠️
This is not financial advice. Please DYOR before trading.
