$ADA – Bounce from EMA(99) support at $0.5782

A bullish recovery candle is forming above EMA(25)

ADA retraced after touching $0.5906 but maintained the key support at EMA(99), showing signs of strength.

The current candle has recovered EMA(25), indicating the potential for continued movement towards local highs.

Trading Setup:

• Entry Point: $0.5815 – $0.5835

• Stop Loss: $0.5770

• Take Profit:

• TP1: $0.5870

• TP2: $0.5906

• TP3: $0.5960

📈 Market Overview:

ADA shows upward resistance near EMA(99).

Sustained movement above $0.5906 could open the doors for a breakout towards the $0.60+ area.

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