$ADA JUST BOUNCED IS A STRONG REVERSAL BREWING?
$ADA /USDT rebounded sharply from the $0.7171 low to reclaim $0.7484, printing a solid +1.49% recovery on the hourly chart. Buyers are slowly regaining ground, but the order book still shows 57% ask dominance—caution advised.
Current Price: $0.7484
Support Range: $0.7280 – $0.7400
Resistance Zone: $0.7767 (24h high)
Key Indicators:
• RSI recovering from oversold levels
• Bullish engulfing candle on lower timeframes
• 43% bid interest shows buyers stepping in cautiously
Next Bullish Targets:
• TP1: $0.7620
• TP2: $0.7840
If momentum holds above $0.7400, bulls could attempt a steady climb toward $0.78 again.