$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.
Trade $ADA here 👇👇👇
ADAUSDT
Διην.
0.272
-0.58%
Good luck!