$ADA +6% GAIN HOLDS STRONG, BUT FACING KEY RESISTANCE
$ADA is trading at $0.8432, pulling back slightly after testing the $0.8477 intraday high. With a healthy +6.37% daily gain and rising interest (59.56% bid strength), bulls still hold control—yet a breakout above resistance is now critical to continue the upward momentum.
Key Levels to Watch
• Resistance Zone: $0.8500 – $0.8600
A clean breakout here could drive price toward:
• TP1: $0.8740
• TP2: $0.8860
• Support Zone: $0.8300 – $0.8340
Losing this level could cause a dip toward:
• TP1: $0.8200
• TP2: $0.8050
Trade Setup – Crucial Breakout Setup Forming
• Bullish Entry: Above $0.8500 with confirmation
• Bearish Entry: Below $0.8300 on increasing sell pressure
• Stop-Loss: Below $0.8270 for longs / Above $0.8550 for shorts
With volume at 2.72M and positive market structure, ADA looks ready for its next big decision—watch the $0.8500 breakout closely.