$ADA

– BOUNCE OFF SUPPORT, BUT RESISTANCE IS NEAR

RECOVERED FROM 0.6842

FACING REJECTION NEAR 0.7241 SUPPLY ZONE

$ADA made a clean bounce from the 0.6842 low and is now approaching a key resistance zone at 0.724. Price is up +0.76%, but momentum is slowing down. Bulls must break above 0.728 to confirm trend reversal.

Short Entry: 0.7169

Target: 0.6920

Stop Loss: 0.7295

A rejection near current levels could lead to another leg down.

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