$ADA Just Bounced Back Strongly—But Is It Ready to Fly or Fall Again? 🚀🧐
After a deep dive to $0.6842, $ADA pulled off a solid recovery and is now trading around $0.7230. That's a +1.39% gain, reclaiming lost ground with bullish momentum on the hourly chart.
✅ MACD just flipped green
✅ RSI is overheated at 74+
✅ Hourly structure turned bullish again
But here's the twist: ADA is approaching a key resistance zone near $0.7300. If it breaks and holds above this, we could see a continuation towards $0.74–$0.75.
📌 My Thoughts:
This bounce feels strong, but with RSI nearing overbought territory, I’m watching closely for either a clean breakout or a short-term pullback to reload.
Are you riding this move or waiting for a better entry?
