ADAUSDT LONG TIME SUPPORT HOLDING? 
2024-11-02

Hello, dear HODLers!

This is ADAUSDT on the weekly timeframe. The black line has been a significant level since October 2022, shifting between support and resistance for over two years. In 2024, it began acting as support starting in the first week of July.

Since then, the wicks below this level have started getting shorter, suggesting that selling pressure might be weakening. This level could mark the beginning of the next bull run. If we see another dip that holds with an even shorter wick, I would consider it a confirmation.

Stay safe, and feel free to leave any comments or questions.

Thanks for reading!

