
Our dear ADA is currently prancing about within the confines of a symmetrical triangle, a formation so classic it might as well be wearing a monocle. Support is holding firm near $0.88, while resistance is being ever so politely contested just shy of $0.95. Analyst William, a chap with more charts than a pirate’s treasure map, notes that such a pattern often signals that the price is preparing for a grander move. Buyers, bless their souls, continue to step in at higher levels, while sellers valiantly defend the same lofty ceiling. On the 4H chart, ADA has managed to stay above its 50-period EMA, indicating that short-term momentum is decidedly bullish. Quite the setup, wouldn’t you say? 📈