⚠️ $ADA Breaks the ascending trend line and reached the Confirmation zone at 0.2400, but confirming the correction requires a close below the trend line and below this zone.
📍 Monitoring zone: 0.2400 – 0.2450
🎯 Targets:
0.2313
0.2260
0.2220
❌ Invalidation: a 4H close above 0.2520 and a return above the broken trend line.
Price has already broken the trend line, but it is now facing an important level for confirmation.
A close below 0.2400 with stability below the trend line will provide the required confirmation for the continuation of the correction, while staying above the zone keeps the possibility of a rebound.
📍 Monitoring zone: 0.2400 – 0.2450
🎯 Targets:
0.2313
0.2260
0.2220
❌ Invalidation: a 4H close above 0.2520 and a return above the broken trend line.
Price has already broken the trend line, but it is now facing an important level for confirmation.
A close below 0.2400 with stability below the trend line will provide the required confirmation for the continuation of the correction, while staying above the zone keeps the possibility of a rebound.
