Current Zone: ADA is trading in a demand-turned-supply zone, a key area that previously acted as support but now serves as resistance.
Historical Movement: In March, ADA tested this zone but failed to break out. Now, it’s revisiting the zone with strong volume, indicating increased buying interest.
Market Momentum: With support from other altcoins and the current bullish sentiment across the crypto market, ADA is likely to break through this supply zone. A successful breakout could push it toward previous highs.
Next Resistance Levels: After clearing the current supply zone, ADA must overcome another supply zone before challenging its all-time high.
Strategy Reminder: Stick to your trading plan. Let the market decide the outcome – patience is key. Happy trading! 💹
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