$ADA A just broke out +11% after 3 days of sideways action 🚀
It sat at 0.2440–0.2460 from Oct 3 to Oct 5, then ran straight through the old 0.2580 high. Now it's pressing right under 0.2750 (24h high).
🔺 Resistance: 0.2750 → 0.2800
🔻 Support: 0.2694 (EMA 9) → 0.2580–0.2630 (old high + EMA 21)
✅ Bullish case: 1h close above 0.2750 → 0.2800 next
❌ Bearish case: loses 0.2694 → retest of 0.2580–0.2630
Breakout retests are common. Old resistance often becomes new support. Also worth noting: futures open interest is cooling, so watch if spot buyers keep this going.
Would you buy $ADA here or wait for the retest? 👇
⚠️ Not financial advice. DYOR.
#ADABullish #CardanoSurge #CryptoAnalysis"
It sat at 0.2440–0.2460 from Oct 3 to Oct 5, then ran straight through the old 0.2580 high. Now it's pressing right under 0.2750 (24h high).
🔺 Resistance: 0.2750 → 0.2800
🔻 Support: 0.2694 (EMA 9) → 0.2580–0.2630 (old high + EMA 21)
✅ Bullish case: 1h close above 0.2750 → 0.2800 next
❌ Bearish case: loses 0.2694 → retest of 0.2580–0.2630
Breakout retests are common. Old resistance often becomes new support. Also worth noting: futures open interest is cooling, so watch if spot buyers keep this going.
Would you buy $ADA here or wait for the retest? 👇
⚠️ Not financial advice. DYOR.
#ADABullish #CardanoSurge #CryptoAnalysis"
