$ADA ⚠️ Signal: Cautious Buy (Potential Short-Term Rebound)
✅ Reasons for Buy Signal:
RSI(6) = 15.42: Extremely oversold, often followed by a short-term bounce.
MACD is deeply negative, which can signal exhaustion of sellers.
Price bounced slightly from the support at $0.6182, showing early signs of stabilization.
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🎯 Trade Plan (Short-Term)
Entry (Buy Zone): Around $0.6250–$0.6300
Target (Take Profit):
First Target: $0.643 (EMA 7)
Second Target: $0.665 (EMA 25)
Stop-Loss: Below recent low at $0.6150