$ADA At Critical Pivot – Bounce or Breakdown Next?
$ADA is trading around $0.545 after a volatile session. Despite a +3% gain on the day, price action remains choppy as bulls try to hold above a key support zone. Momentum is shifting fast — stay alert!
Key Technical Zones:
• Resistance Zone: $0.5520 – $0.5570 (rejection zone from recent highs)
• Support Zone: $0.5400 – $0.5370 (must-hold base for short-term bulls)
Trade Setup – Get Ready for the Next Move
Bullish Entry: Above $0.5570
• Target 1: $0.5650
• Target 2: $0.5720
• Stop-Loss: Below $0.5400
Bearish Entry: Below $0.5370
• Target 1: $0.5250
• Target 2: $0.5100 (24h low retest)
• Stop-Loss: Above $0.5520
ADA is battling resistance near $0.55 after a sharp rebound. Bulls need to clear $0.5570 to regain control. But if support cracks below $0.5370, a fast drop could follow. Watch volume spikes closely — they’ll confirm the real breakout or breakdown direction!