The chart presents ADA/USDT with a Fibonacci retracement level, highlighting a bullish reversal from the 0.618 support zone. RSI indicates strengthening momentum above 56, suggesting increased buying pressure. The price is targeting higher Fibonacci levels, potentially breaking resistance near $1.25. This bullish structure implies strong potential for upward movement in the short term, aligning with ADA's positive trend.
The chart showcases a textbook cup-and-handle pattern, a strong bullish indicator suggesting a potential breakout. With consistent RSI strength near overbought levels, ADA is positioned for a significant upward trajectory. The coin's price consolidates near resistance, signaling bullish momentum and confirming trader confidence. This technical setup supports a high probability of sustained bullish action.
Entry:1.1710 or Market Price
1st Tp: 1.2113
2nd Tp: 1.2389
3rd Tp : 1.2600
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