$ADA showing early bounce signals — buyers stepping in at demand 🚀
Trade Idea — LONG $ADA
Entry Zone: 0.405 – 0.415
Stop Loss: 0.392
Targets:
🎯 TP1: 0.425
🎯 TP2: 0.438
🎯 TP3: 0.455
Technical Outlook ⚡
After the recent retracement, $ADA is holding above a short-term demand area. On lower timeframes, price action is beginning to form higher lows, indicating growing buyer interest. Momentum indicators are leveling out and starting to turn upward, suggesting that bearish pressure is fading.
As long as price remains above the 0.405–0.415 zone, the bullish rebound scenario stays intact, with upside targets at 0.425, 0.438, and 0.455.
A decisive close below 0.392 would invalidate this setup, signaling a breakdown of demand and a potential shift back in favor of sellers.
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ADA
0.4096
+0.17%