$ADA – CAN IT BREAK TOWARD 0.95?
$ADA is trading within a corrective channel after failing to maintain momentum above 0.87. The market had earlier formed a breakout rally from a larger triangle, but price action stalled beneath the resistance line. Currently sitting near 0.82, ADA is holding above the long-term support trendline that has guided the bullish structure. A breakout from the channel could ignite a push toward the 0.95 target line.
OVERALL TREND DIRECTION: bullish
TARGET WATCH: 0.95
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