$ADA trade setup: Trends are mixed. Price is trading in a Channel Down pattern, which typically resolves in a bullish breakout.

We wait for such breakout, which could signal at least a temporary trend reversal.

Alternatively, we would be buyers near $0.60 support and 200-day Moving Average, which forms a robust support area and could be a swing trade entry with upside potential to $0.80 (PT1) or $1.00 (PT2). (set price alert)