$ADA 🔥 UPWARD MOMENTUM CHAOS 🔥 🔥

📈 Chart Pattern & Technical Setup

Continuation Breakout Pattern

ADA appears to be forming a bullish ascending triangle (or wedge) with resistance around $0.715 and rising lows—indicative of impending upside potential .

Support & Resistance

Support: $0.60 (psychological) & $0.62–$0.63 (recent demand zone)

Resistance: $0.68–$0.69 (50-day SMA pivot), then $0.715–$0.72 (upper triangle)

🎯 Trading Strategies

✅ Scenario 1: Bullish Breakout Play

Entry: Buy on daily close above $0.72 with rising volume

Targets:

TP1: $0.76

TP2: $0.84–$0.90 (triangle height projection)

Stop-Loss: ~$0.62 (below baseline of triangle)

🔄 Scenario 2: Range Bounce Entry

Buy Zone: $0.62–$0.63 support zone

Targets & SL: Same as above, with SL below $0.60

⚖️ Disclaimer

This educational analysis only, not financial advice. Crypto investing is inherently risky—always DYOR, use stop-losses, and trade within your means.

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