📊NEUTRAL: $ADA (1W)
Analysis:
ADA is forming a symmetrical triangle on the weekly chart. Breaking above the resistance trendline is crucial to sustain its current rally. If ADA can break out, we might see a strong upward move. Failure to do so may lead to a drop to the lower support range.
Price Targets:
Key levels to watch are the resistance trendline and support level. Breaking above could see ADA target around $0.80 and potentially up to $1.20. If it fails, expect a drop towards $0.087. Stay tuned for updates!
