$ADA BREAKS HIGHER — CAN THE MOMENTUM HOLD?
Ada is trading around $0.2645 on Binance, +6.49%, following a strong move above the $0.26 area. Recent market data also shows elevated buying activity and short liquidations, adding fuel to the breakout.
📊 Market structure
• Support: $0.258–$0.260
• Stronger support: $0.250–$0.253
• Resistance: $0.272–$0.275
• Next upside zone: $0.288–$0.300
Trade framework:
If ADA holds above $0.258–$0.260 after a pullback, bullish momentum remains constructive. A clean move through $0.275 could open room toward the $0.288–$0.30 zone. If $0.258 fails decisively, the breakout may need a deeper retest.
⚠️ ADA has already moved sharply, so chasing the candle carries higher risk. Watch the retest + volume confirmation rather than buying purely on momentum.
My view: Bullish while $0.258 holds, but confirmation matters.
DYOR.
What’s your ADA target? 👇
Trade ➡️$ADA
#ETHUp70%InQ3ButLiquidityFalls #EthereumValidatorExitQueueJumps392% #DriftHackVictimsBeginClaims #FedOctoberHoldOdds82.3%
$GTC
Ada is trading around $0.2645 on Binance, +6.49%, following a strong move above the $0.26 area. Recent market data also shows elevated buying activity and short liquidations, adding fuel to the breakout.
📊 Market structure
• Support: $0.258–$0.260
• Stronger support: $0.250–$0.253
• Resistance: $0.272–$0.275
• Next upside zone: $0.288–$0.300
Trade framework:
If ADA holds above $0.258–$0.260 after a pullback, bullish momentum remains constructive. A clean move through $0.275 could open room toward the $0.288–$0.30 zone. If $0.258 fails decisively, the breakout may need a deeper retest.
⚠️ ADA has already moved sharply, so chasing the candle carries higher risk. Watch the retest + volume confirmation rather than buying purely on momentum.
My view: Bullish while $0.258 holds, but confirmation matters.
DYOR.
What’s your ADA target? 👇
Trade ➡️$ADA
#ETHUp70%InQ3ButLiquidityFalls #EthereumValidatorExitQueueJumps392% #DriftHackVictimsBeginClaims #FedOctoberHoldOdds82.3%
$GTC
