$ADA is up 6% today. Is it too late to buy?
ADA ran into $0.276 and pulled back to about $0.265. The rally still looks healthy, but this is an awkward place to enter. Most of the move has already happened and the price is still below the level that stopped it.
$0.276 is still the key level above. Reaching it again is one thing. Holding above it is what would open $0.285-$0.290.
At $0.265, the easy move is already gone. The better spots are lower on a pullback or higher after a hold above $0.276.
$ADA
ADA ran into $0.276 and pulled back to about $0.265. The rally still looks healthy, but this is an awkward place to enter. Most of the move has already happened and the price is still below the level that stopped it.
$0.276 is still the key level above. Reaching it again is one thing. Holding above it is what would open $0.285-$0.290.
At $0.265, the easy move is already gone. The better spots are lower on a pullback or higher after a hold above $0.276.
$ADA