$ADA — sitting at a make-or-break zone.

Price has been bleeding steadily, no doubt. Lower timeframe structure is clearly bearish, but now we’re tapping into a key demand area where things usually start to shift. I’m seeing seller momentum slow down, and those lower wicks tell me buyers are at least trying to step in.

This isn’t a blind catch — I’m waiting for the level to prove itself.

If this base holds, the bounce can come fast. If it fails, downside continuation will be just as aggressive.

Why this setup works: I’m trading location, not hope. Price is stretched after a clean move down and now sitting in a demand zone where reactions typically happen. Risk is tight, and if buyers reclaim nearby structure, momentum flips quickly. It’s a classic relief bounce setup with clear invalidation.

Trade Plan:

• Entry Zone: 0.2380 – 0.2420

• Entry Point: 0.2400

• Stop Loss: 0.2320

Targets:

• 0.2480

• 0.2560

• 0.2680

Reclaim above 0.2450 is my trigger for strength — that’s where I expect acceleration.

Lose 0.2380 and I’m out. No guessing.

I’m staying patient here. Let the floor confirm before size goes in.