Considering opening a long position on ADA right now. Observing some potential bullish signals, including recent price action testing the $0.78 support level and some short-term moving averages hinting at a possible upward trend. However, the broader market sentiment remains somewhat cautious, and resistance around $0.81 needs to be overcome for confirmation. Will be watching volume and key indicators closely before entering. Remember, this is just my observation, and trading involves significant risk. Always do your own thorough research!