Major Move Ahead for ADA – Breakout or Breakdown?

🔍 ADA/USDT Analysis – Dual Scenario Setup (BUY & SELL)

Currently, ADA is ranging between major supply and demand zones. Two clear scenarios are in play depending on how price reacts to key levels:

📈 Bullish Scenario (Long):

Entry: On breakout and confirmation above $0.6027

Target: $0.869 (major resistance zone)

Stop Loss: Below $0.523

Trigger: Break of descending trendline and solid structure above $0.6027

📉 Bearish Scenario (Short):

Entry: Around $0.5120 (rejection from supply zone)

Target: $0.315 (strong demand zone)

Stop Loss: Above $0.6027

Trigger: Failed breakout and rejection from $0.5120 level, with confirmation below it

📌 Based on the descending channel structure, this might have been the final leg of the downtrend, and a reversal to the upside could be underway. However, for confirmation, we prefer to wait for stronger price action signals before fully committing.

🛑 Always use risk management. Market remains bearish until proven otherwise.