ADA about too take a pump
FXStreet analysts say ADA/USD is at a key spot in Wave II—a flat correction now in Wave ((C)). It’s sitting at $0.5544, a big support level tied to the 0.618 Fibonacci retracement of Wave I. This could mean a move is coming soon.
Trading Strategy
- Buy Chance: If $0.5544 holds and the price goes up, consider a Buy. Target is $0.8500, confirmed when it breaks the bullish level.
- Risk Note: If it falls below $0.2850, the bullish plan fails.
ADA might surprise us—keep your eyes on it!
