$ADA
USDT – DIP BUYERS RETURNING OR JUST A DEAD CAT BOUNCE?
🔻 -4.17% DROP FROM DAILY HIGH OF $0.8955
🟢 STRONG BOUNCE FROM $0.795 SUPPORT ZONE
Cardano saw a sharp decline after peaking at $0.895, but the bulls stepped in near $0.795 — keeping the structure alive for a possible recovery. Current price action around $0.831 shows higher lows forming on the 1H chart, suggesting a potential push back toward resistance.
TRADE SETUP:
Long Entry: $0.831
Targets: $0.852 / $0.875
Stop Loss: $0.803
Volume is steady, and momentum is building. If ADA breaks above $0.84 with follow-through, it could retest the upper range quickly. Ideal setup for short-term bounce traders.
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