ADA has just bottomed at $0.512 and is steadily accumulating around the $0.74 region. The current technical pattern along with the hammer candle indicates that buyers are still in control.
📈 ADX > 30 – the uptrend remains strong.
🐳 Whales continue to increase their accumulation, with the number of large wallets reaching 2,408 – a clear signal of mid-term confidence.
🧠 The Reeve project is about to launch + collaboration with a top university in Brazil further strengthens confidence in the Cardano ecosystem.
🎯 Mid-term scenario:
If breakout $0.75 → target towards $0.80 – $0.92
If it drops back to $0.65 → the uptrend is temporarily interrupted
⚠️ Closely monitor price reactions & volume – this phase is very sensitive to breakouts!