🚨🚨ADA just bounced from $0.5110 after a brutal -13% drop… but is this the start of a real recovery?🚨🚨
🥷🏼Here’s what the 30-min chart reveals:
• Bounce Zone Hit ⚠️: Price tapped the lower Bollinger Band and reversed.
• MACD Crossover ✅: Bullish signal just flashed, momentum picking up.
• RSI(6) 📈: Nearing 60, but RSI(12) and RSI(24) still below 50 — not full confirmation yet.
• OBV 📉: Still heavily negative, suggesting whales aren’t back in yet.
• Key Resistance 🚧: $0.557–$0.565. A break above this could flip short-term structure bullish.
What I’m watching
If ADA closes above $0.558 with strong volume, we might see $0.57–$0.58 retested soon.
But if it gets rejected, expect a pullback toward $0.535 or even back to $0.511.
Stay sharp. Smart money is watching this level.
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