$ADA is currently in a corrective phase after a strong impulse move, now stabilizing near a key demand zone.
Price has pulled back from recent highs and is holding above the $0.35 support, which is an important level for bulls to defend. The structure still favors a higher-low scenario if support holds.
On the 1H timeframe, $ADA shows controlled selling pressure** rather than panic — suggesting this move is more of a healthy retracement than a trend reversal.
Key Levels:
Support: $0.350 – $0.345
Major Support: $0.335
Resistance: $0.365 – $0.372
Breakout Level: 0.380
Trade Setup (Long):
Entry: $0.348 – $0.355
Targets: $0.365 → $0.380 → $0.395
Stop-Loss: Below $0.335
Alternative Scenario:
A 1H close below $0.335 would weaken the structure and could open a deeper pullback toward $0.320 – $0.325.
Momentum is cooling but not broken, and buyers are still defending key support. Best approach is buying pullbacks into demand or waiting for a clean reclaim above $0.365 with volume.
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