$ADA – Bulls preparing for a potential comeback
Price is holding above the recent support zone near $0.230–$0.232 and showing early signs of stabilization after the previous pullback. The $0.235–$0.238 area aligns with a short-term demand zone and previous consolidation, making it a reasonable region for DCA.
**Entry:** $0.235 – $0.238
**TP1:** $0.245 (minor resistance)
**TP2:** $0.255 (previous local high)
**TP3:** $0.265 (next structural target)
**Stop Loss:** $0.222 (below key support)
A clean hold above the entry zone followed by a break of $0.245 would strengthen the bullish case. Invalidation remains a decisive close below $0.222.
Monitoring structure and volume from here.
Price is holding above the recent support zone near $0.230–$0.232 and showing early signs of stabilization after the previous pullback. The $0.235–$0.238 area aligns with a short-term demand zone and previous consolidation, making it a reasonable region for DCA.
**Entry:** $0.235 – $0.238
**TP1:** $0.245 (minor resistance)
**TP2:** $0.255 (previous local high)
**TP3:** $0.265 (next structural target)
**Stop Loss:** $0.222 (below key support)
A clean hold above the entry zone followed by a break of $0.245 would strengthen the bullish case. Invalidation remains a decisive close below $0.222.
Monitoring structure and volume from here.
