$ADA – Oversold at Support, Bounce Loading?

$ADA is currently retesting the lower bound of its falling channel, which has been acting as an oversold zone.

At the same time, price is hovering around a strong weekly support area, adding more weight to this level.

As long as the lower bound of support at 0.22 holds, $ADA can enter a correction

phase toward:

• The upper bound of the falling channel

• The 0.50 round number

For now, this remains a reaction zone.

Support holds → correction potential.

Support breaks → trend continuation lower.

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

#ADA #TrendingTopic #BullishMomentum

ADA

0.2741

-3.04%