ADAUSDT is attempting to reverse from the lower bound of a descending wedge, echoing a previous breakout structure from May. With a bounce forming near 0.54 and price climbing inside a narrowing wedge, a move toward 0.70 could materialize if volume supports the push.Trade active
ADAUSDT is showing a series of bullish reversal formations with consistent breakout behavior from wedge patterns. Price action recently bounced off the $0.5608 zone, flipped resistance into support, and is pushing into an ascending structure. The chart favors continuation toward $0.66 and potentially higher if momentum holds.
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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.