🔍 $ADA /USDT – Key Support Test & Breakout Watch! 🚨

📉 Price: $0.5853 (−2.62%)

ADA is testing a critical long-term support zone between $0.54–$0.63, historically known for triggering 20–30% bounces. Will history repeat?

📐 Technical Outlook:

Descending triangle inside a broader channel is nearly complete

Break & hold above $0.66 (16H close) opens the door to:

➤ $0.73 (first resistance)

➤ $0.86 (channel top)

📅 Fundamentals to Watch:

The upcoming Chang hard fork (Q3 2025) brings on-chain governance & improved utility, potentially boosting TVL and activity across the network.

🎯 Trade Setup Summary:

Long Entry: $0.58–$0.63

Breakout Confirmation: > $0.66 (16H close)

Targets: $0.73 ➜ $0.86

Invalidation: Close below $0.54

🧠 Bullish bias remains unless $0.54 breaks down. Patience is key as the pattern nears resolution.

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$ADA

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