#ADA Short-Term Outlook (24 Hours)

Bullish Scenario:

If ADA holds above $0.98 and breaks $1.0136 with sustained volume, it could target $1.05–$1.15 in the next 24 hours. The bullish Supertrend, rising DMI, and long-heavy derivatives positioning support this move.

Bearish Scenario:

Failure to maintain above $0.98 may lead to a retest of $0.94–$0.95, with a deeper correction to $0.70 or $0.60 possible if bearish momentum grows.

Key Levels

Resistance:

Immediate: $1.0136 (Fibonacci 0.618 level)

Next: $1.15 (Fibonacci 0.786 level), with potential extension to $1.3259 if momentum persists.

Support:

Immediate: $0.94–$0.95 (post-breakout support)

Strong: $0.8894 (Supertrend support), with a deeper support at $0.70.

Alternative Bearish Case: Some analyses suggest ADA is testing key support near $0.68, with a potential drop to $0.60 if it fails to hold. A double top near $1.00 could lead to a pullback to $0.70 or $0.50–$0.55 if bearish pressure intensifies.