🔥 $ADA /USDT – Relief Bounce Incoming After Sharp Drop?

Current Price: $0.6351

📉 Market Structure:

After a strong sell-off, $ADA is showing signs of stabilization near the $0.6200 zone. Price is forming higher lows on the 30m chart, indicating potential for a short-term relief rally.

📌 Key Levels:

Immediate Resistance: $0.6450

Major Resistance: $0.6600

Support Zone: $0.6200

🎯 Trade Setup:

Entry: $0.6310–$0.6360 (on confirmation)

TP1: $0.6450

TP2: $0.6600

SL: $0.6180

💡 Pro Tip:

Watch for volume spikes near $0.6380. A strong push through $0.6450 could open the gates for a bigger upside retracement.

⚠️ Be cautious—this is a counter-trend move unless we reclaim $0.6600 with momentum!

$ADA

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