$ADA Bullish Pennant Formation
#ADA is consolidating inside a bullish pennant on the 1-hour chart after a strong rally from $0.56 → $0.77.
🔹The pole is formed by a steep breakout
🔸Price is now tightening within converging trendlines
🔹Classic sign of continuation if breakout occurs to the upside
Breakout Zone:
Watch for a breakout above $0.76–$0.77
If confirmed, next targets = $0.80, $0.83 and $0.88
Invalidation Level:
Breakdown below $0.70 negates the pennant structure
⏳ Tight structure — breakout likely soon