š $ADA waking up after a clean bounce off the MA(99)
Currently sitting at $0.7363 (+2.11%), Cardano looks to be forming a short-term bottom after dropping from the recent local high of $0.937.
Notable signs:
š¹ MA(99) at $0.7012 held strong ā long-term support respected
š¹ Reclaiming the 7-day MA, trying to flip momentum
š¹ Volume tapering off = volatility could expand soon
If ADA breaks and holds above $0.75, we may see a push back toward the $0.80+ zone.
Watching this one closely š