$ADA is showing a short-term recovery after the recent dip, but the overall structure remains neutral to slightly bearish.
Price is holding above a key support zone, which could be a positive sign for bulls.
If the resistance level breaks, upside momentum may strengthen.
Volume is currently average — a strong breakout will require higher volume.
Short-term traders may find range-trading opportunities.
For long-term holders, this zone could act as an accumulation area.
The next move will also depend on Bitcoin’s direction.
ADA
0.2719
+2.79%