ADA just bounced 6% off a 5x-tested demand zone after a 51% crash — the capitulation is done and accumulation is loud on the volume.
$ADA $0.1506 Long TP $0.1565 SL $0.1465
The $0.138-0.142 support zone held 5 times across 10 days (June 24 → July 1), rejecting every breakdown attempt with buyers stepping in each time — this is a textbook double-bottom floor at a 5-month low.
Today's 4h candle printed 46.7M ADA volume (3-5x the 8-15M range during consolidation) and broke above $0.144 resistance on the highest volume in 7 days — confirming institutional accumulation after the May-June sell-off exhausted sellers.
DYOR
$ADA $0.1506 Long TP $0.1565 SL $0.1465
The $0.138-0.142 support zone held 5 times across 10 days (June 24 → July 1), rejecting every breakdown attempt with buyers stepping in each time — this is a textbook double-bottom floor at a 5-month low.
Today's 4h candle printed 46.7M ADA volume (3-5x the 8-15M range during consolidation) and broke above $0.144 resistance on the highest volume in 7 days — confirming institutional accumulation after the May-June sell-off exhausted sellers.
DYOR