$ADA – Key Levels in Play
Price action on
$ADA is printing a potential double top structure just under the $1.00 region – and smart money zones are clearly marked.
We’ve got equal highs around $1.05, likely engineered liquidity.
Price is reacting from that zone and pulling back toward a minor support around $0.70.
If that breaks, we’re looking at a deeper sweep into the $0.50 - $0.55 demand zone, where previous accumulation kicked in.
There’s also a speculative projection drawn — a sweep above the highs, followed by a major sell-off.
This is not a bullish setup yet — it’s a potential trap if you're late. I'm watching closely for a stop-hunt above $1 before considering shorts.
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