$ADA Bulls Reclaim Ground – Eyes on Breakout Above $0.755
$ADA has bounced sharply and is now trading at $0.7526, reclaiming its intraday range with strength. The asset is testing the upper resistance zone, and a solid close above $0.755 could open the door for extended upside.
Key Technical Levels
• Resistance Zone: $0.7550 – $0.7650
A confirmed breakout could propel ADA toward $0.7800 and $0.8000 levels.
• Support Zone: $0.7470 – $0.7430
Failure to hold this zone may drag price toward the $0.7350 demand area.
Trade Setup
Bullish Scenario
• Entry: Above $0.7550 (15M or 1H candle close)
• Target 1: $0.7800
• Target 2: $0.8000
• Stop Loss: Below $0.7430
Bearish Scenario
• Entry: Below $0.7430 (support break confirmation)
• Target 1: $0.7350
• Target 2: $0.7250
• Stop Loss: Above $0.7500
What to Watch (Short)
• Reaction near $0.755 resistance
• Candle strength on lower timeframes
• Volume spike or fakeouts above range
ADA is coiling for a move. Watch closely — a clean breakout or trap could set the tone for the next leg.