ADA has successfully cleared its trendline resistance. The bullish case now hinges on breaching the $0.438 resistance level—a critical confluence point for continuation. Hold above this zone and the upside story remains intact. But here's the caveat: as long as price stays beneath $0.438, there's legitimate risk of a deeper ABC corrective structure developing within wave-(2). This could shake out weaker hands before the next leg higher. Watch this level closely—it's the difference between fuel for a rally and a stumble back into consolidation.
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CalmLife
· 01-12 02:39
Consensus is very important. Don't think about how much to buy at the bottom; consensus is what truly matters. Don't underestimate the 5U10U.
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liquidation_surfer
· 01-11 16:58
0.438 is really a critical point of life and death. Break through it and take off directly; if not, continue oscillating and harvesting the leeks.
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ZKSherlock
· 01-11 16:51
actually... this $0.438 thing feels like another one of those "critical confluence points" everyone obsesses over tbh. what's the actual mathematical rigor behind wave counting anyway? most folks treating it like gospel when it's... well, let's just say the trust assumptions are questionable
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UncleLiquidation
· 01-11 16:50
If 0.438 can't be broken, then we have to be prepared for a shakeout.
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OnlyUpOnly
· 01-11 16:45
0.438 is really a bottleneck; if it can't be broken, a shakeout is inevitable.
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PumpDoctrine
· 01-11 16:45
0.438 if this key level can't hold, it will have to consolidate again, very annoying.
ADA has successfully cleared its trendline resistance. The bullish case now hinges on breaching the $0.438 resistance level—a critical confluence point for continuation. Hold above this zone and the upside story remains intact. But here's the caveat: as long as price stays beneath $0.438, there's legitimate risk of a deeper ABC corrective structure developing within wave-(2). This could shake out weaker hands before the next leg higher. Watch this level closely—it's the difference between fuel for a rally and a stumble back into consolidation.