$ADA - Strong pullback, and the bulls are regaining control!
The 99 Exponential Moving Average provides strong support
The price stabilizes above the medium-term trend
The ADAUSDT pair has risen from 0.7854 to 0.8955, forming a bullish structure after a strong pullback.
The price is bouncing from the 25 Exponential Moving Average (0.8497) and trading above the 99 Exponential Moving Average (0.8086), indicating a continuation of the trend.
Long entry: 0.8510
Target 1 (TP1): 0.8730
Target 2 (TP2): 0.8950
Stop Loss (SL): 0.8390
With the short-term consolidation period ending near the key support level, the ADA indicator seems ready for the next upward move if the bulls maintain their momentum above 0.85.
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