7/23 Afternoon

A classic descending wedge breakout - historically, this has been a reliable reversal signal - this breakout is supported by an increase in trading volume and strong bullish candlesticks. If ADA can maintain momentum above $0.85, the next major resistance level is at the psychologically significant $1.00 mark, while based on historical patterns and calculated targets, $1.80 becomes the medium-term technical target.

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