$ADA / Trying to recover after a major sell-off!
After dropping from $0.6575 to a low of $0.5880, it is attempting to bounce back, currently trading at $0.5994 (+0.67%).
Despite a decrease of -15.31% over the past 7 days, buyers are slowly entering (strength 48.24%).
Potential long setup (reversal attempt):
• Entry: $0.5950 – $0.6000
Targets:
•1: $0.6150
•2: $0.6300
•3: $0.6450
• SL: below $0.5850
$ADA needs to reclaim $0.615 to confirm the trend reversal. Keep an eye on it, bulls may return soon!