$ADA has surged approximately 25% from its April low of $0.512, currently trading around $0.69. This upward movement is supported by a bullish breakout from a falling wedge pattern, signaling potential for further gains.
Technical indicators suggest that $ADA could target the $0.70–$0.75 range in the near term. However, recent whale sell-offs have introduced caution among investors.
Traders are advised to monitor key resistance levels and market sentiment closely as $ADA navigates this rebound.