$ADA has broken out from its consolidation range between $0.835 and $0.845, confirming a bullish move with strong momentum. The price is now holding above previous resistance at $0.847, turning it into fresh support. This structure indicates that buyers are regaining control, aiming to retest the upper resistance zones near $0.86+. Volume increase and bullish candle formations strengthen this move.
Trade Setup (LONG):
Entry: 0.8482
Target 1: 0.8550
Target 2: 0.8600
Target 3: 0.8630
Stop-Loss: 0.8399
Market Outlook:
As long as ADA sustains above 0.845 support, the bullish sentiment stays strong. A confirmed breakout above 0.855 may trigger a quick move toward 0.863 and beyond. The market is showing healthy accumulation followed by momentum candles, hinting at a continuation of the upward trend.