Poised for a Breakout

30 בספט׳ 2023

ADA remains supported at the weekly channel's base, responding well to this level. No trend shift is noted in the 4-hour chart; it's range-bound, awaiting a breakout above $0.26. A strong break could lead to targets of $0.280 and $0.306. Overcoming a dynamic resistance signals potential ascent to the weekly channel's upper limit.