$ADA

#Technical & Price Analysis

Support & resistance levels: $ADA recently rebounded from its daily support at ~$0.70, aligned with the 200‑day EMA. Bulls face resistance around $0.84; breaking that could lead to further upside

Chart patterns & sentiment: Derivatives data show increasing long positions, placing roughly $8.6M in shorts at risk. ADA is forming a bullish wedge pattern, which often precedes upward movement