$ADA is building a bullish structure on the daily timeframe.
It is currently trading inside an ascending channel, with buyers continuing to form higher lows.
The key level I'm watching is $0.2383. A clean daily breakout and successful retest could open the way toward the $0.25 → $0.30 level
Meanwhile, $0.1542 remains the major support and key level to watch if the structure breaks down.
For now, the setup is simple, $ADA needs to reclaim $0.2383 to confirm the next major move.
It is currently trading inside an ascending channel, with buyers continuing to form higher lows.
The key level I'm watching is $0.2383. A clean daily breakout and successful retest could open the way toward the $0.25 → $0.30 level
Meanwhile, $0.1542 remains the major support and key level to watch if the structure breaks down.
For now, the setup is simple, $ADA needs to reclaim $0.2383 to confirm the next major move.
