$ADA is starting to show some strength after that major drop…
Right now, it’s slowly forming a bullish structure, but it’s not fully confirmed yet.
The key level to watch is 0.2555 a clean break above that and momentum could shift properly.
If that happens, I’ll be looking at a move towards 0.2683.
But…
If we see a rejection at that level, then there’s a good chance price pulls back down towards 0.2446.
For now, it’s all about how price reacts at that breakout zone.