$ADA – Bullish Momentum Faces Resistance! ⚡️📉
$ADA surged from $0.7224 to a local high of $0.7839, reflecting strong bullish momentum on the 1H chart. However, a sharp rejection near the 24H high suggests resistance is kicking in. The Parabolic SAR is now positioned above the latest candle, signaling potential short-term correction or consolidation.
Key Levels & Trade Setup:
Entry Zone: $0.7450 – $0.7550
TP1: $0.7700
TP2: $0.7850
TP3: $0.8000
Stop-loss: $0.7350
With $ADA still trading above key support zones and showing healthy volume, bulls may regain control if $0.765 is reclaimed with strength.
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