#ADA/USDT ANALYSIS

ADA is rebounding from the support trendline of a bullish pennant pattern, with the 100MA acting as support and indicating bullish strength.

Meanwhile, the Ichimoku Cloud is serving as a resistance barrier above the price action.

A breakout above both the cloud and the pennant’s resistance trendline could trigger a strong bullish rally.

$ADA

ADAUSDT

Perp

0.8218

-9.73%