Overview
- ADA trades near $0.41 in a $0.37–$0.41 decision zone defined by a multi-year ascending trendline that chartists say remains intact.
- Analyst Ali Martinez flagged a TD Sequential buy signal on the weekly chart with $0.37 as the invalidation level and $0.54 as the first target.
- Price remains below short- and medium-term moving averages with a negative MACD and subdued RSI, keeping the technical bias cautious.
- Order-book data points to dense mid-range sell liquidity and deeper buy interest lower down, leaving the consolidation sensitive to shifts in sentiment.
- A push above roughly $0.45 would strengthen a breakout case toward $0.54 and possibly $0.60–$0.68, while a loss of $0.37 would likely expose support in the mid-$0.30s.