$ADA

😉😉STRONG RECOVERY SINCE THE FALL!🤔🤔🤔 LONG POSITION ACTIVATED📈📈ADA0.5896

+0.05%

REBOUND FROM 99 MA WITH VOLUME

THE PRICE RECOVERS KEY MOVING AVERAGES

🧐🧐🧐💰💰

$ADA USDT rebounded sharply after testing the support of 99 MA at $0.5931 and has now recovered the 7 MA ($0.6016) and the 25 MA ($0.6045). The bullish engulfing candle indicates new momentum, with the price aiming for the previous high of $0.6119.

If the bulls hold above $0.6040, a breakout to new intraday highs seems likely.

Long Position Setup

Entry: $0.6055

Targets: $0.6115 / $0.6180

Stop Loss: $0.5930

The shift in momentum favors buyers. Watch for confirmation above $0.6119 for an extended increase.