$ADA — Pullback Into Demand After Rejection

$ADA pushed from the $0.3495 base and tagged $0.3609 before facing rejection. Price has now pulled back to $0.3538, sitting right above a key demand zone. This looks like a retracement after a reaction move, not a breakdown.

Market structure

• Strong bounce from $0.3495

• Rejection near $0.361

• Price rotating back into support

Trade setup

Asset: $ADA

Bias: Cautious bullish continuation

EP (Entry): $0.351 – $0.354

SL (Stop Loss): $0.346

TP1: $0.358

TP2: $0.366

TP3: $0.378

Trade idea

As long as $ADA holds above the $0.349–$0.351 zone, the structure remains constructive. A reclaim and hold above $0.358 increases the probability of a move back toward the highs.

Let support confirm before committing size.