$ADA — after a brief dip below the level, the price returned above 0.224
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The day closed above 0.224 after dipping below the level. The previous recovery thesis remains intact, but resistance still needs to be reclaimed.
A move back $ADA above 0.246, with a daily close and support on a pullback, would strengthen the scenario of testing weekly resistance at 0.258.
A daily close $ADA below 0.224 would invalidate the thesis that the previous base is holding.
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The day closed above 0.224 after dipping below the level. The previous recovery thesis remains intact, but resistance still needs to be reclaimed.
A move back $ADA above 0.246, with a daily close and support on a pullback, would strengthen the scenario of testing weekly resistance at 0.258.
A daily close $ADA below 0.224 would invalidate the thesis that the previous base is holding.