$ADA Analysis – Potential for Breakout 🚀
📍 Key Observation:
$ADA is currently sitting at a supply zone, which I believe has the potential to break out eventually.
📊 Technical Perspective:
As long as the price holds steady around the $1 support zone, the structure looks solid across all timeframes.
With sustained support, there’s a high likelihood of upward momentum, signaling potential upside ahead.
💡 Trading Outlook:
Patience is key. If the supply zone is broken, it could pave the way for a significant bullish move. Maintain a close watch for volume spikes and confirmation signals to capitalize on this opportunity.
🚨 Caution: Ensure proper risk management and stay prepared for potential retests if the supply zone holds temporarily.