ALERT: $ADA Showing Early Signs of Recovery—Could a Rebound Be on the Horizon?
Current Price: $0.6884
Price Update: $ADA saw a brief dip, dropping from $0.7028 to a low of $0.6647 before recovering to $0.6884, reflecting a slight loss of -1.85% over the past hour.
Range: $0.6647 – $0.7028
RSI(6): 60.50 (neutral-to-bullish bias)
Key Support Levels:
$0.6640: Local demand zone
$0.6500: Stronger support if a deeper pullback occurs
Key Resistance Levels:
$0.7020: Intraday resistance cap
$0.7180: Previous hourly high
Order Book Split:
Buyers: 55.36%
Sellers: 44.64%
Momentum: After a sharp dip, ADA is showing signs of recovery. RSI is back above 60, indicating growing bullish momentum.
Caution: Bulls need to hold above $0.6800 to prevent further downward pressure. Ensure tight stop-loss orders to manage risk.
