### ADA Analysis – Elliott Waves
* The price has reached the 100% extension target:
* The price has reached \$0.854**, which is the **full extension (100%) of wave c of wave (B).
* Technically, wave c of (B) is considered complete at this level.
* However, it would be better to see wave B a little higher:
* Structurally, it would be better for wave B to extend to a higher level, which provides a more balanced corrective movement before a potential drop.
* The possibility of starting a downward wave (c):
* If the drop starts from here, the downward wave (c) may have begun.
* This means there is a risk of breaking support**, as the 100% extension target for the downward wave (c) is at **\$0.70.
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### What does this mean for traders?
| Scenario | Explanation | Critical Level |
| ------------
| Possible additional rise | Wave B is not yet complete, and it may extend to a higher level before dropping | Continuing trading above 0.854 with strong momentum |
| Beginning of the drop (wave c) | If the price starts to drop from here, the downward wave c may have started | Breaking support will open the way towards \$0.70 |
### Summary and Conclusion
* Currently, the price is in a critical area.
* If weakness in momentum or reversal candles appear near \$0.854**, it may be a signal for the **beginning of the drop towards \$0.70.
* If the price continues to rise, we may see an extension of wave B towards higher levels (e.g., 0.88 or 0.90) before the drop.
