$ADX Rebounds Strongly: Is This the Start of a Bullish Run?
$ADX is currently trading at $0.2663, showing a promising recovery after touching a low of $0.2500. The 15-minute chart highlights a clear rebound, with the price climbing toward resistance at $0.2730.
If momentum sustains, traders could look for quick upside targets at $0.2680 and $0.2715 for immediate gains. However, caution is advised with a stop loss set at $0.2580 to mitigate any potential retracement. The RSI hovering near 55 suggests moderate buying pressure, while volume indicates renewed interest. This setup offers a precise entry with close targets, ideal for short-term traders looking to ride the upward momentum.