$ADA /USDT – Bounce in Progress After Sharp Dip!

ADA has rebounded strongly to $0.5877, marking a solid +6.66% gain on the hourly chart after a steep drop to $0.5110. The recovery shows renewed buyer interest, especially after holding above the critical support zone.

Quick Market Snapshot:

Current Price: $0.5877

24h High: $0.6055

24h Low: $0.5351

24h Volume (ADA): 281.31M

24h Volume (USDT): 161.63M

Technical Highlights:

Rejected hard near $0.7098 previously

Found strong support near $0.5110

Structure forming potential higher low

Key Levels To Watch:

Immediate Resistance: $0.6055

Support Zone: $0.5600–$0.5350

Breakout Confirmation: Above $0.6100

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