Expert Opinion: Bullish $ADA

From a technical perspective, the four-hour chart of ADA has formed a bullish flag pattern. Bullish flags typically occur after a significant price increase, followed by a downward consolidation phase. After breaking the upward trendline, the price may rise by the same amount as the previous increase. Therefore, the target price for ADA is $1.11, which is the highest point since April 2022. The daily RSI for ADA is 59, still in the neutral zone, indicating a lower risk of a significant pullback. #内容挖矿

🌟 Key Levels:

🚩$0.546 = Flagpole Starting Point

🟢$0.703 = Support Level

🔴$0.767 = Resistance Level

🎯 Target Price = $1.11