$ADA Momentum Brewing! Will Bulls Break $0.59 Barrier?
$ADA is trading at $0.5844, up +6.49% on the day. The 15M chart shows a bullish attempt to reclaim higher levels, with clear resistance forming near $0.5880–$0.5930. Price is consolidating after a sharp move—setting up for a breakout or rejection.
Key Zones:
• Resistance: $0.5880 – $0.5930 (breakout zone)
• Support: $0.5820 – must hold for uptrend continuation
Trade Setup – 15M Intraday Range Break
Bullish Play:
• Entry: Above $0.5885
• Target 1: $0.5970
• Target 2: $0.6080
• Stop Loss: $0.5790
Bearish Rejection:
• Entry: Below $0.5790
• Target 1: $0.5665
• Target 2: $0.5540
• Stop Loss: $0.5905
Volume spikes suggest buyers are stepping in—but confirmation above $0.5930 is critical for further upside.