I have analyzed $ADX in detail now.

According to my analysis, $ADX has bounced from the local support zone after a sharp pullback. Price is stabilizing and attempting a recovery, showing early signs of buyer interest.

ADX is forming a short-term base and pushing higher from the lows. As long as price holds above the support area, the recovery structure remains valid.

The current structure favors a short-term continuation to the upside.

For spot traders, this is a hold-and-accumulate structure near support.

I am cautiously bullish on ADX in spot.

Targets:

TP1: 0.0960

TP2: 0.0990

TP3: 0.1050+

Low-leverage longs can be considered with proper risk management.

ADX

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