$ADA FACING TIGHT SQUEEZE – BREAKOUT OR BREAKDOWN LOADING?
$ADA is trading at $0.8179, consolidating after a recovery push from intraday lows. Bulls are attempting to reclaim higher ground, but resistance is pressing hard. A breakout or rejection is imminent.
Key Levels to Watch
Resistance: $0.8200 – A breakout above this may fuel moves toward $0.8280 and $0.8410.
Support: $0.8120 – A failure to hold here could drag price toward $0.8050 and $0.7900.
Trade Setup – Be Ready for a Sharp Move!
Bullish Entry: A confirmed push above $0.8200 could target:
• TP1: $0.8280
• TP2: $0.8410
Bearish Entry: A drop below $0.8120 could trigger:
• TP1: $0.8050
• TP2: $0.7900
Stop-Loss: Keep stops just outside the breakout/breakdown zones to manage volatility risk.