🔻 $ADA /USDT – DANCING ON THE EDGE OF SUPPORT! IS A BOUNCE COMING? 🔍
$ADA is currently trading at $0.6027, down -3.46%, and sitting just above the lower Bollinger Band ($0.6007) — a critical support zone. ⚠️
The 4H chart shows ADA rejected from the middle band ($0.6288) and pulling back near the recent low of $0.5998. 📉
Price action is compressing near oversold territory, signaling a potential bounce — but caution is key. ⛔
Volume is still active: 91.5M ADA traded in the last 24h, meaning traders are watching closely. 🔄
If bulls defend this level, ADA could make a short-term rebound. If it breaks, further downside may follow quickly. 💣
📌 Trading Plan:
🔴 Short Entry (on breakdown below $0.599):
🎯 TP1: $0.593
🎯 TP2: $0.585
🛑 SL: $0.612
🟢 Long Entry (on bounce confirmation above $0.605):
🎯 TP1: $0.628
🎯 TP2: $0.654
🛑 SL: $0.594
📊 ADA is testing key support — play the breakout or the bounce with tight control!