ADA Retest In Progress: Eyes on the Next Big Move 📈*
Cardano (ADA) is currently undergoing a key retest phase, confirming the breakout discussed in our analysis nearly three weeks ago. The retest zone — initially expected between0.72–0.74 — took slightly longer to form, but ultimately landed in the0.69–0.70 range.
✅ As shown by the green circle, two consecutive daily candles have held above the yellow support line — offering strong confirmation of a successful retest.
*What’s next?*
- If bullish momentum holds,ADA could target:
- 🔹 1.14–1.20 (near-term)
- 🔹 Up to 1.70 if strength continues
*⚠️ But watch BTC closely:*
If Bitcoin dips below112,000 and closes there, we could see $ADA break down from its triangle pattern. A close below the yellow line would invalidate the breakout and signal a bearish reversal.
For now, market structure supports the bullish case — but caution is key.
#BTCUnbound #ADAAnalysis #BinanceHODLerPROVE #CryptoTrends #AltcoinWatch #CFTCCryptoSprint
