ADA/USDT : Heavy Pullback Expected Before Major Price Surge📊 Pattern Overview
Cardano is shaping a classic contracting triangle on the daily timeframe, with all legs unfolding as 3-wave zigzags, fully compliant with NeoWave rules.
• Wave A: $1.33 → $0.51 (zigzag decline)
• Wave B: $0.51 → $1.18 (zigzag rally, ~82% retrace of A)
• Wave C: $1.18 → $0.52 (zigzag decline, ~99% retrace of B)
• Wave D: $0.52 → $0.92 (zigzag rally, ~61% retrace of C, currently in progress)
• Wave E: Expected $0.92 → $0.51 (projected zigzag, targeting channel support)
This setup aligns with a contracting triangle, with converging trendlines projecting an apex around November 2025.
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📉 Near-Term Expectation
• Wave E is anticipated to pull ADA back toward $0.51 (long-term channel support).
• This would complete the triangle and set the stage for a powerful bullish thrust.
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🚀 Post-Triangle Outlook
• A bullish breakout from the triangle could target:
• $1.5 (TP1)
• $1.8 (TP2)
• This aligns with NeoWave projections of a 75–125% thrust of the channel width.
• Break of $0.92 (BOS) will be the confirmation trigger for the rally.
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🎯 Trading Plan
• Entry: Wait for pullback to ~$0.51 (Wave E completion) and BOS confirmation.
• Targets: $1.5 – $1.8
• Stop Loss: Below $0.45
• Risk Management: 1–2% capital per trade, trail stops above $1.0 once thrust begins.
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⚠️ Key Levels
• Support: $0.51 (channel bottom)
• Resistance: $1.0, then $1.5–$1.8
• Invalidation: Break below $0.45
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✅ Summary: Patience is key. A final pullback toward $0.51 could be the last shakeout before a major bullish breakout.
