🔎 $ADA is near its current range floor after retreating from the recent high.
💵 Price: $0.2543 (-8.5% / 24h). Last completed 1H close: $0.2536.
📈 Above $0.2799: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $0.2493: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, hourly closes exceeded the old ceiling, then returned inside. The old floor held on closes; sustained upside acceptance did not.
🕒 Binance spot · 07 Oct, 12:10 UTC
Educational analysis.
#ADA #PriceAction #TechnicalAnalysis
💵 Price: $0.2543 (-8.5% / 24h). Last completed 1H close: $0.2536.
📈 Above $0.2799: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $0.2493: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, hourly closes exceeded the old ceiling, then returned inside. The old floor held on closes; sustained upside acceptance did not.
🕒 Binance spot · 07 Oct, 12:10 UTC
Educational analysis.
#ADA #PriceAction #TechnicalAnalysis
