The price perfectly fulfilled my previous idea. 
ADAUSDT recently rebounded from the upward trendline after testing the breakout area, showing signs of renewed bullish momentum. The structure reveals a sequence of higher lows and higher highs, supported by a sustained upward channel. As long as the 0.8500 support zone holds, the market could push toward the 1.0150 resistance area. Momentum remains positive, aligning with the prevailing bullish channel structure.
📉 Key Levels:
💡 Risks:
ADAUSDT recently rebounded from the upward trendline after testing the breakout area, showing signs of renewed bullish momentum. The structure reveals a sequence of higher lows and higher highs, supported by a sustained upward channel. As long as the 0.8500 support zone holds, the market could push toward the 1.0150 resistance area. Momentum remains positive, aligning with the prevailing bullish channel structure.📉 Key Levels:
- Buy trigger: Hold above 0.8500.
- Buy zone: 0.8500–0.8400.
- Target: 1.0150.
- Invalidation: Break below 0.8400.
💡 Risks:
- Failure to hold the 0.8400 support could shift momentum to the downside.
- Broader crypto market weakness may cap upside moves.
- Potential profit-taking near the resistance zone could trigger short-term pullbacks.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🥇 Gold & Forex market analysis🥇
📊 24/7 AI chart bot
👇 Explore the tools and follow my updates:
t.me/lingridchannel
👇Telegram For Crypto
bit.ly/3JIGE2j
📊 24/7 AI chart bot
👇 Explore the tools and follow my updates:
t.me/lingridchannel
👇Telegram For Crypto
bit.ly/3JIGE2j
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.