ALERT: $ADA Showing Signs of Stabilization After Downtrend—Watch This Zone Closely!
$ADA has started to slow its descent and is attempting a recovery after bottoming near $0.5946.
Current Price: $0.6109
24h Range: $0.5946 – $0.6245
RSI(6): 39.25 (near oversold territory)
StochRSI: 32.46 and climbing—hinting at early bullish shift
Key Levels:
Support: $0.5940
Resistance: $0.6240 – $0.6360
Order Book Bias: Slightly balanced but leaning bullish as buying interest picks up
Momentum Watch: After testing the $0.594 zone, momentum indicators are beginning to turn. Bulls may push a rebound if $0.6100 holds.
Caution: A breakdown below $0.594 could signal more downside—stay sharp and wait for confirmation before entries.