📉 $ADA Showing Early Signs of Reversal After Sharp Drop
Cardano (ADA) has dipped to the $0.75 zone after a continuous downtrend, showing a clear oversold structure on the chart. The current candles are printing a small bounce, indicating possible short-term relief or a minor reversal. If ADA holds above $0.755, it could attempt to reclaim higher resistance levels. Watch closely for volume confirmation before entering.
Trade Setup (Short-Term Long Bias):
• Entry Zone: $0.758 – $0.762
• Stop Loss: $0.749
• Target 1: $0.772
• Target 2: $0.780
• Target 3: $0.788