ADA: The Whale Floor is In! Target $0.2800 in SightCardano / TetherUSBINANCE:ADAUSDTLingridThe Macro View 🛰️ While the broader market is obsessed with the Iran ceasefire extension and the potential for a "Trump Pump," Cardano has been quietly building a massive base. On-chain data for April shows that 424 whale wallets have accumulated over 819 million ADA ($214M) during this recent consolidation. With the Midnight mainnet now stable and the Van Rossum Hard Fork (Protocol 11) going live this month, the technical "floor" is looking rock solid. The Setup: Ascending Broadening Wedge 🧩 The Pattern: ADA is navigating a large Ascending Broadening Wedge. This structure highlights increasing volatility, but the most important detail is the consistent defense of the lower support line. The Support: Price is currently hugging the bottom of the wedge near $0.2450. This level has been tested and defended four times in the last 30 days, creating a "Must-Hold" zone for the bulls. The Momentum: RSI is hovering in neutral territory, suggesting the "sell-off" is exhausted and the path of least resistance is now pointing upward. The Roadmap: Destination $0.2800 🎯 Following the purple projection on our chart, we are looking for a high-probability bounce toward the macro resistance: Immediate Support: The $0.2440 – $0.2480 zone is the entry of interest. Primary Target: $0.2780 – $0.2800 (The upper boundary of the wedge). The Logic: Historically, when ADA defended this broadening support, it rallied 12–15% within the following 72 hours. Invalidation: A sustained 4H close below $0.2400 would negate this bullish setup and signal a deeper slide toward the $0.22 liquidity floor.