🚨 $ADA Slides -4.4% to Key Support: Bounce Setup or Breakdown? 🔍
Live Price: $0.6807 | Gains: -4.41%
ADA is down -4.41%, pulling back to a key support zone after a strong recent run. The price action is tightening, and a potential bounce setup may be forming if buyers step back in. ⚠️
📊 Key Levels:
Support: $0.6650 – Holding as recent demand zone
Resistance: $0.7000 – Key level to reclaim for strength
🎯 Rebound Targets (if bounce confirms):
Target 1: $0.7000 – Initial resistance
Target 2: $0.7250 – Mid-range recovery zone
Target 3: $0.7500 – Bullish continuation target
⚡ Why It Matters:
ADA’s current dip is still within healthy range structure. A bounce from $0.6650 could revive bullish sentiment — keep watch for reversal candles and rising volume.
Trade wisely! 💼
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