Issifou Issaka

📊 $ADA Technical Analysis – Ready to Target $1.65?

The chart shows a confirmed breakout from the descending channel in which $ADA had been moving for several months. This bullish breakout opens the door to significant upside potential, with a theoretical target around 1.65 USDT, representing a possible +126% gain from current levels.

✅ Key Points:

➣ Confirmed breakout from the descending channel.

➣ Major support zone: 0.71–0.72 USDT.

➣ Bullish scenario remains valid as long as the price holds above this support.

⚠ Risk Alert:

A close below 0.71 USDT could invalidate this scenario and push $ADA back toward the 0.50 USDT zone.

This analysis is not financial advice. Always do your own research.

#Cardano #CMC Launch: Aster#