The analysis of the Adyen (ADYEN) monthly chart suggests a bullish inverted head-and-shoulders formation, indicating a potential shift in momentum from bearish to bullish. The stock has reclaimed its 20-month SMA, transitioning it from resistance to support. Currently trading at €1,553, Adyen is testing the Ichimoku cloud resistance and the 0.618 Fibonacci level, which could act as key hurdles for further upward momentum. A breakout above these levels could confirm a long-term bullish reversal, while failure to sustain support could lead to a pullback. The €1,600 resistance level is critical to watch, as a successful breakout could trigger a rally toward €1,800. On the downside, the €1,500 level serves as a major support, with €1,400 as a secondary support. Volume trends indicate rising participation, supporting the likelihood of a decisive move soon. Overall, Adyen is at a pivotal moment with a clear roadmap of technical levels and scenarios to monitor.



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