ADA Weekly Chart Analysis

📉 #ADA/USDT

ADA Falling Wedge formation with a fakeout below key support, now acting as a demand zone 🧐

A bullish scenario could play out if we see confirmation—a breakout through the confluence of EMA 50 + EMA 100 + EMA 200 + 0.236 Fib 📈

🎯 Targets:

🔹 0.618 Fib - $1.1630
🔹 0.786 Fib - $1.6277

🔥 A breakout could trigger a strong rally! 🚀

Whalesdesk