🚨🚨$ADA update:

Now that the initial euphoric hype has pretty much settled down, you need to understand all relevant price levels for $ADA so you can plan accordingly.

1. 0.5 Fib is the 1st level that confirms bullish continuation. That's 0.846 USD. If you notice, we're currently getting rejected at this level again. That's because it's important.

2. 0.618 Fib is the 2nd level of bullish confirmation. That's 1.14 USD. In the rallies from Nov '24 to Jan '25, we kept getting rejected at those levels.

Get past these two levels and it's clear skies ahead. $ADA's 1.618 fib points to a $14 $ADA. Hard to believe I know, given we've been hanging out at the sub $1 levels for so long (ask @Bobbyjuiceee ).

Crypto has been following log fib structures since it first blossomed. It's because logarithmic Fibonacci structures best represent assets that are based on network growth.

$ETH 1.618 is around 13-14k, $ADA's one is at $14. Something quite poetic here.

Fib levels help you plan your risk thresholds. My $1 target is based loosely on the 0.618 fib.

Stack accordingly.