$ADA/USDT TECHNICAL ANALYSIS: BULLISH REVERSAL EXPECTED $ADA

​MARKET OVERVIEW

​The chart indicates a strong recovery after testing the local support level at 0.2664. A significant bullish engulfing candle has formed on the timeframe, suggesting that the recent downward pressure is exhausting. The price is currently rebounding toward the moving average, signaling a potential trend shift.

​TRADING STRATEGY

​Direction: Bullish (Long)

​Entry Zone: Market price following the current green candle confirmation.

​TECHNICAL TARGETS

​Target 1 (TP1): 0.2767

​Target 2 (TP2): 0.2820

​Target 3 (TP3): 0.2915

​Stop Loss (SL): 0.2640

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