$ADA slipped back under its breakout level on the 4H chart 👀
Price is around 0.2674, back under 0.2699 after the break above 0.2768. The move didn't stick, so I'm not reading it as strength until price can reclaim 0.2768.
If #ADA stays under 0.2768, the chart suggests a possible drift toward 0.2617, where price found support before. A 4H close back above 0.2768 would put the breakout back in play.
It was never a setup on the record, so this isn't a miss - just a move that didn't stick.
Original breakout post: https://www.binance.com/square/post/374362627487218
Fakeout, or just a deeper reset for ADA? 👇
Research, not advice. #CryptoEdge #MarketStructure
Price is around 0.2674, back under 0.2699 after the break above 0.2768. The move didn't stick, so I'm not reading it as strength until price can reclaim 0.2768.
If #ADA stays under 0.2768, the chart suggests a possible drift toward 0.2617, where price found support before. A 4H close back above 0.2768 would put the breakout back in play.
It was never a setup on the record, so this isn't a miss - just a move that didn't stick.
Original breakout post: https://www.binance.com/square/post/374362627487218
Fakeout, or just a deeper reset for ADA? 👇
Research, not advice. #CryptoEdge #MarketStructure
