🔵 $ADA IS TRYING TO ENTER THE NEXT RANGE
$ADA is now fighting one of the most important levels on the daily chart, around $0.24–$0.25.
This area was previous support and resistance, so reclaiming it would matter.
What I want to see now is a clean daily close above the level, followed by a retest that holds.
If that happens, #ADA would finally start trading inside the next range.
The next major resistance on my chart sits around $0.31.
So the roadmap is pretty simple.
Break $0.24–$0.25.
Hold it as support.
Then start attacking $0.31.
If price gets rejected here and falls back below the level, I would stay patient because the breakout would not be confirmed yet.
The short-term structure is improving, but remember that #ADA still has a weaker macro structure after making a lower low versus 2022.
So yes, this move is constructive.
But I still want confirmation before getting too bullish.
Nothing is guaranteed. This is simply the higher-probability scenario I see from the technical setup, not a recommendation to buy #ADA . Always do your own research.
$ADA is now fighting one of the most important levels on the daily chart, around $0.24–$0.25.
This area was previous support and resistance, so reclaiming it would matter.
What I want to see now is a clean daily close above the level, followed by a retest that holds.
If that happens, #ADA would finally start trading inside the next range.
The next major resistance on my chart sits around $0.31.
So the roadmap is pretty simple.
Break $0.24–$0.25.
Hold it as support.
Then start attacking $0.31.
If price gets rejected here and falls back below the level, I would stay patient because the breakout would not be confirmed yet.
The short-term structure is improving, but remember that #ADA still has a weaker macro structure after making a lower low versus 2022.
So yes, this move is constructive.
But I still want confirmation before getting too bullish.
Nothing is guaranteed. This is simply the higher-probability scenario I see from the technical setup, not a recommendation to buy #ADA . Always do your own research.
