🔍 $ADA Technical Outlook:
It’s possible that wave (4) has begun — and as per Elliott Wave theory, this move should remain below $0.714 to stay valid.
📈 Key Levels to Watch:
• A break above initial micro resistance could hint at a shift in short-term structure.
• However, for a true trend reversal, we need to see a clear 5-wave impulsive move upward.
Until then, caution is warranted. This could still be a corrective phase within a broader bearish structure.
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