$ADA / USDT – Strong Pullback, Potential Rebound Setup
Current Price: $0.5803
24H Change: -11.24%
After rejecting near $0.65, ADA is now consolidating between $0.56–$0.58, testing a key demand zone. Signs of stabilization are emerging — possible entry opportunity ahead.
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Entry Zone:
$0.570 – $0.585
(Look for support confirmation on 1H chart with increased volume)
Targets:
1. $0.610 – Initial bounce target
2. $0.630 – Major resistance zone
3. $0.655 – Breakout continuation level
Stop Loss:
< $0.554 – Below recent daily wick low
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Key Technical Levels:
Support: $0.560 / $0.540
Resistance: $0.630 / $0.655
Pivot Level: $0.600
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Notes:
Watch for a rebound if BTC/ETH stabilize. Holding above $0.58 with volume uptick may signal a move back toward $0.63+. High volume is crucial for confirmation.
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