$ADA USDT: Technical bounce at support 🔥

📌 Current price: ~0.301 USDT

📍 Bias: ⚠️ Neutral–Bearish on 12H

Entry Zone: 0.295 – 0.310

SL: 0.258

🎯 Targets:

TP1: 0.325

TP2: 0.350

TP3: 0.380

Technical Analysis:

$ADA comes from a relevant support zone (recent low around 0.2688). The bounce from there indicates relief buying, although the overall structure remains bearish with the price below EMA 25 and 99. The MACD remains in negative territory although with decreasing bars, which favors technical bounces before confirmation of a reversal.

🔄 Alternative Scenario:

If $ADA breaks and closes 12H below 0.258, the bearish bias intensifies and could continue towards lower levels.

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ADA
ADAUSDT
0.2696
+2.54%