1. Summary

$ADA trades near $0.92 after testing resistance around $0.941 and pulling back; short-term bias leans bullish only with volume/4H confirmation — otherwise risk of a false breakout. • Volume + wick rejection are key confirmation signals.

2. Combined Analysis

Technically, recent test of $0.94–$0.98 met resistance; short MAs are close and RSI ~58 suggests room to run if volume confirms. Fundamentally, network upgrades/active on-chain metrics support demand, but distribution risk remains. Sentiment shows mild FOMO; monitor flows to separate continuation from distribution.

3. Strategy

Entry:

  • Breakout: probe on 4H close > $0.945–$0.95 with clear 4H volume confirmation (>~40% MA20 on 4H).

  • Pullback: buy into $0.89–$0.905 on wick rejection + 1H/4H reversal candle (scale in).

Stop-loss: $0.84 (below support / recent swing area).

TP1 / TP2: TP1 = $0.94–$0.96; TP2 = $0.99–$1.05 (reduce TP2 to ~$0.98 if volume weak).

Exit triggers: heavy transfers to exchanges, upgrade delays/negative news, or a collapse in volume with RSI spike → exit. Use limit/probe orders to manage slippage.