Technical Analysis – August Breakout

ADX/USDT Technical Analysis – August Breakout

ADX is currently trading at $0.1240, showing a +1.47% gain in the last 24 hours. The 24h high was $0.1258 and the low was $0.1201. Trading volume is solid with 13.47M ADX and 1.65M USDT.

The 1D chart shows a strong breakout from a falling channel, followed by a sharp rally toward $0.125. Price is now facing key resistance near $0.1246 and $0.1299. If this zone is broken, the next major target could be $0.1406. On the downside, support levels to watch are $0.0936 and $0.0719.

Performance-wise, ADX has surged +56.17% in the past 30 days and +29.30% over 90 days, despite being down over 180 days and 1 year. Short-term momentum looks strong and bullish.

If ADX closes above the resistance, traders could see another upward leg. Always trade with a stop-loss and monitor volume for confirmation.

ADX is currently trading at $0.1240, showing a +1.47% gain in the last 24 hours. The 24h high was $0.1258 and the low was $0.1201. Trading volume is solid with 13.47M ADX and 1.65M USDT.

The 1D chart shows a strong breakout from a falling channel, followed by a sharp rally toward $0.125. Price is now facing key resistance near $0.1246 and $0.1299. If this zone is broken, the next major target could be $0.1406. On the downside, support levels to watch are $0.0936 and $0.0719.

Performance-wise, ADX has surged +56.17% in the past 30 days and +29.30% over 90 days, despite being down over 180 days and 1 year. Short-term momentum looks strong and bullish.

If ADX closes above the resistance, traders could see another upward leg. Always trade with a stop-loss and monitor volume for confirmation.