๐ง "$ADX at the Gates โ Will the Bulls Break the Barrier or Bounce Back?"๐ค๐๐
๐๏ธ Pair: ADX/USDT
Current Price: $0.1139
๐ ๐ After weeks of quiet effort, the ADX bulls have climbed their way through resistance after resistance, leaving behind a trail of green candles on the daily chart like soldiers claiming back lost ground.
But now, they stand before a heavily fortified gate โ the $0.1146โ$0.1200 supply zone โ where in the past, many bull rallies have been rejected.
Will $ADX break through and write a new chapterโฆ or repeat history?
๐ The Daily Quest
The price has marched past the 20, 50, and 100 EMAs like checkpoints (currently at $0.1005, $0.0989, and $0.0952), and the RSI is now shouting "Momentum!" with a reading of 74.31 โ a sign of strength, but also a warning of exhaustion.
The resistance at $0.1146 is holding like a final boss. Break itโฆ and the next gate opens at $0.1327.
๐ The Weekly Flashback
Zooming out to the weekly chart, we see a longer tale.
This zone has rejected $ADX multiple times before. But this time, the setup feels different โ the RSI is now above 50 (50.27), a level not seen in months.
Thereโs still a mountain ahead at $0.1327 and $0.1645, but every uptrend begins with one big breakโฆ and we might be watching it form.
๐ The Intraday Clues (1H)
On the battlefield of the 1-hour chart, the bulls already broke a minor resistance and are now consolidating โ a classic sign of energy building before a final charge. RSI at 65.90 shows buying strength is healthy but not overheated.
20 EMA: $0.1107
50 EMA: $0.1084
100 EMA: $0.1071
๐ฏ The Traderโs Strategy: โThe Break & Ride Planโ
Buy Zone: $0.1110 โ $0.1140 (current breakout range)
Stop-loss: Below $0.1070 (beneath 50 EMA support)
Target 1: $0.1200
Target 2: $0.1327 (Weekly resistance)
If price gets rejected at $0.1200, donโt panic โ a healthy dip toward $0.1070โ$0.1090 could be the recharge zone before the next leap.
