π ADA Rebounds 13% in 72 Hours
Cardano just surged from $0.7125 support, jumping 13% and reigniting bullish momentum. This textbook pennant retest has validated ADAβs short-term bullish setup β and now, all eyes are on the $1 breakout.
π§ Liquidity Eyed at $1.15
Traders are eyeing the untouched liquidity zone near $1.15. With $1 as the next launchpad, a clean breakout could sweep those levels and confirm higher timeframe bullish control.
π Pennant Pattern Suggests Continuation
The current formation is classic: a pennant breakout often leads to trend continuation. In ADAβs case, that means bulls could be gearing up for more upside.
π Whales Signal Confidence
On-chain data from CryptoQuant shows fresh whale accumulation. High-net-worth addresses are opening long positions, hinting at a bullish breakout play. When whales move, markets listen.
π Whatβs Next?
A breakout above $1 with strong volume could open the door to $1.15 and beyond. If momentum holds, ADA may enter a new bullish phase β backed by liquidity targets and smart money support.
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)