Watching ADA for a potential breakout above 0.165

Been keeping a close eye on $ADA this week, and it seems to be setting up for an interesting move. We've seen a pretty consistent grind upwards from the 0.155 support area, and right now it's testing that 0.165 level pretty hard. It's been range-bound for a bit, but the daily candles are showing some sustained buying pressure, pushing it right up against that resistance. If it can get a solid close above 0.165 on decent volume, I think we could see it run to the next area of interest around 0.170-0.172 fairly quickly. The risk to this scenario, of course, is a failure to break through. If it gets rejected here and drops back below 0.16, especially with increased selling volume, then the bullish momentum would likely evaporate, and we'd probably retest the 0.155-0.158 zone again. Just my two cents, always gotta consider both sides of the coin in this market.