$ADA RECLAIMS STRENGTH – BREAKOUT IMMINENT ABOVE $0.7835?
ADA/USDT is trading at $0.7826, recovering steadily from the intraday low of $0.7445. Price is now coiling beneath a key resistance level, and bulls are attempting to build pressure for a breakout. The next few candles could decide whether ADA extends this short-term rally or fades back into the range.
Key Technical Levels
Resistance Zone:
• Immediate: $0.7835 – A confirmed breakout could trigger upside toward $0.7920 and $0.8050.
Support Zone:
• Near-term: $0.7800 – A drop below this may signal weakness, potentially dragging price toward $0.7700 and $0.7620.
Trade Setup – Momentum Test Underway
Bullish Scenario:
• Entry Trigger: Above $0.7835
• Target 1 (TP1): $0.7920
• Target 2 (TP2): $0.8050
• Stop-Loss: Below $0.7770
Bearish Scenario:
• Entry Trigger: Below $0.7800
• Target 1 (TP1): $0.7700
• Target 2 (TP2): $0.7620
• Stop-Loss: Above $0.7850
Volume: 46.38K
• Buy/Sell Ratio: 50.33% vs 49.67% – Balanced with slight buyer edge
• Short-Term Momentum: Bullish, but nearing resistance—needs confirmation