🚀 Has $ADA begun its ascent? A strong technical breakout catches attention! 📈🔥
$ADA has exited a downward channel that lasted for several months, supported by a classic cup and handle pattern — a technical signal that may indicate a major breakout ahead.
📊 Technical note:
The breakout above the trendline + confirmation of the pattern suggests the possibility of rising towards the $2.00 area in the coming period, especially if trading volume increases.
🎯 Levels to watch:
• Next resistance: 1.25
• Potential targets: 1.55 → 1.80 → 2.00
• Breakout support: 1.10
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