Key support and resistance levels: defining the range for $ADA

Several important support and resistance levels will shape the near future of ADA. The $0.500 level is a strong psychological support zone. Historically, this level has been an accumulation area, making it an important line of defense. The $0.300 level, which provided historical support, also shows strong buying interest.

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On the resistance side, the $1.300 mark has been a key point of contention. The price has struggled to break through this level, and sellers appear to be in control as ADA approaches this price.

Looking ahead, if ADA surpasses the $1.300 mark, it could reach a resistance level of $2,000. This would be a significant long-term target if bullish momentum is maintained.