ADA Reversal Confirm Bullish!!!!
2025-02-09
Category: None

I am sharing my Views as per the technical Analysis 

Bullish divergence Formation, Bearish momentum goin weak.

The price action is forming a symmetrical triangle, which is typically a neutral pattern, meaning it can break out in either direction.

Key Support & Resistance Levels
Resistance: Around $0.95 - $1.00
Support: Around $0.65 - $0.70

. Bullish Indications:
The price is approaching the apex of the triangle, suggesting an imminent breakout.
A breakout above the upper white trendline could push ADA towards $1.00+
5. Trading Strategy:
✅ Long Position:

Enter if price breaks above the white resistance line and confirms with volume.
Target: $0.95 - $1.05
Stop-loss: Below $0.6
