ADAUSDT has bounced from the 0.55 support level, completing a falling wedge structure. The price now attempts to recover, with a visible bullish wave formation targeting the 0.62 resistance trendline. Multiple past consolidations have preceded breakouts, and if this pattern holds, a strong upside push is possible. Watch for confirmation of continued higher lows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.