#ADA COILING FOR A TREND REVERSAL?
#ADA is emerging from a descending parallel channel after multiple failed breakdown attempts below the $0.55 support line. Recent price action suggests a reversal setup as it pierces the upper boundary of the falling wedge. The next key zone to monitor lies around $0.68–$0.70 where the resistance and target line intersect. Price structure and momentum imply a potential bullish trend shift.
OVERALL TREND DIRECTION: bullish
TARGET WATCH: $0.70 remains a realistic short-term target if breakout holds