$ADA is strongly pushing against the psychological wall of $1, trading near $0.92 after recovering $0.90 and staying above all important moving averages. The momentum is clearly on the side of the bulls:
RSI at 59 → strong, not overheated
Positive MACD, still widening
~$15M in weekly inflows (Chaikin Money Flow)
If ADA can close above $1 this week, technical targets open at $1.11, $1.20-$1.25, and even $1.30+. But failing to hold $0.90 risks a pullback to $0.82-$0.86.
With the Bollinger Bands widening, volatility is set to increase. Traders should be cautious with position sizes; the next big move could come quickly.
Is ADA about to confirm a complete breakout, or will $1 maintain its role as an iron ceiling once again?
$ADA