$ADA USDT – STRONG RECOVERY FROM DIP! LONG TRADE TRIGGERED
REBOUND FROM 99 MA WITH VOLUME
PRICE RECLAIMS KEY MOVING AVERAGES
$ADA USDT bounced sharply after testing the 99 MA support at $0.5931 and has now reclaimed the 7 MA ($0.6016) and 25 MA ($0.6045). The bullish engulfing candle signals renewed momentum, with price eyeing the previous high at $0.6119.
If bulls sustain above $0.6040, a breakout toward fresh intraday highs looks likely.
Long Trade Setup
Entry: $0.6055
Targets: $0.6115 / $0.6180
Stop Loss: $0.5930
Momentum shift favors buyers. Watch for confirmation above $0.6119 for extended upside.