$ADA is still holding the wedge floor, and bulls are trying to keep the long view alive.


The lower support around 0.2440-0.2480 has been defended multiple times, and that matters. I’m watching the midline compression now, because this is where ADA decides whether it keeps building for a push higher or starts losing momentum.
RSI has reset back to neutral on the 6H, so there’s still room for another leg if buyers show up again. The upside roadmap is still the same: first the prior swing high area, then the upper side of the broadening structure near 0.2850-0.2880.
What would weaken this read is a sustained 6H close below 0.2380. Until then, the structure is holding and buyers still have the better case.

#GateSquareMayTradingShare
ADA2.67%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin