$ADA is trading at 0.6384, holding steady after bouncing from the $0.6263 low. The 1H chart shows a tightening range with rising volume, suggesting a potential breakout setup. Price is currently sandwiched between $0.6300 support and $0.6500 resistance.
A confirmed break above $0.6500 could ignite momentum toward $0.6550–$0.6600, while holding above $0.6300 keeps the structure bullish.
Support Zone: 0.6240 – 0.6300
Resistance Zone: 0.6500 – 0.6550
Long Trade Setup:
Entry: 0.6380
TP1: 0.6500
TP2: 0.6600
SL: 0.6240