ADA is either coiling for a bounce or breaking down—here’s the line in the sand.
$ADA Price is sitting at $0.2507, hovering just below the 7 and 30-day MAs. The structure looks heavy, but the RSI at 39.9 is knocking on oversold territory, and the MACD is showing early signs of flattening. With the Van Rossem Hard Fork news in play, we might see volatility pick up.
(Setup)
The $0.25** zone is key. I’m watching for a reclaim of **$0.265–$0.27 on volume before considering a long. If buyers step in here, a quick relief grind toward the mid-range could unfold.
Buy Zone:>
Aggressive entries: $0.245–$0.252
Breakout confirmation: Above $0.27
(Risk)
Lose $0.24 and the structure is invalid—respect the stop.
Not financial advice. Do your own research.
ADA
0.2419
-3.66%