$ADA SHOWS SIGNS OF RECOVERY – BUT RESISTANCE REMAINS STACKED
$ADA/USDT is trading at $0.6606, bouncing slightly after hitting a fresh intraday low at $0.6541. Price is approaching short-term resistance, and bulls must reclaim higher levels to confirm a reversal.
Key Technical Levels
• Resistance:
• $0.6660 – Immediate resistance
• $0.6725 – Mid-range barrier
• $0.6800 – Major resistance zone
• Support:
• $0.6585 – Current support
• $0.6540 – 24h low and key downside level
Bullish Targets (if recovery holds):
• TP1: $0.6660
• TP2: $0.6725
• TP3: $0.6800
Bearish Targets (if support breaks):
• TP1: $0.6540
• TP2: $0.6480
A move above $0.6660 may fuel a short-term rally. However, a drop below $0.6585 could extend the downward pressure. Watch volume confirmation.