Recently, ADA's market has been quite interesting. The trading volume on the 30-minute chart surged by 89.3%, and the current price is stuck at 0.3904 USDT.



From a technical perspective, the key support level is at 0.3872, with only 0.69% space from the current price. If we widen the support zone a bit, the range from 0.3842 to 0.3893 can also be watched.

If you want to go long, you can place an order around 0.3872. The resistance level at 0.3978 is a good target for taking profit. When trading volume suddenly spikes like this, it often indicates that the market is about to show some movement, so you should keep a close eye on ADA's subsequent trend and not miss out on potential opportunities.
ADA2,48%
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GateUser-bd883c58vip
· 01-11 03:53
I'm most afraid of signals like a surge in trading volume; they are often just a prelude to a false breakout.
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BtcDailyResearchervip
· 01-11 03:51
The signal of a surge in trading volume still needs to be taken seriously. The support level at 0.3872 feels good; let's see if it can hold.
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NFTHoardervip
· 01-11 03:48
The trading volume is skyrocketing dramatically; it's either a push or a dump. Whether the 0.3872 level can hold is crucial.
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StableCoinKarenvip
· 01-11 03:47
With such a surge in trading volume, it feels like a wave is coming, but if this 0.3872 support level breaks, I’ll have to run.
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