🚀 ADA MAY BE REVERSING FROM THE LOWER WEDGE SUPPORT
Support: 0.248 – 0.251
Resistance: 0.288 – 0.290
Target: 0.288 – 0.290
$ADA is reacting from the lower boundary of the broader rising structure after a sharp corrective drop from the recent peak. The latest move into support looks like a reset rather than a full breakdown, which keeps the rebound scenario alive for now.
As long as buyers defend 0.248–0.251, ADA may rotate higher toward the 0.288–0.290 resistance area near the upper boundary. A clean loss of support would weaken this bullish setup quickly and open the door to a deeper flush before any real recovery. 🔥
Do you see ADA bouncing straight into the upper wedge now, or does this setup still need one more quick shakeout first?