🚨 $ADA ALERT: Recovery in Progress! 🚨
Current Price: $1.0029. ADA is attempting to reclaim the $1 mark after bouncing off the 24-hour low of $0.9816. Immediate resistance is at MA(99) near $1.0087.
Trade Setup:
Long Entry: Above $1.0100. Targets: $1.0200, $1.0300, $1.0400. Stop Loss: $0.9950.
Short Entry: Below $0.9950. Targets: $0.9850, $0.9750, $0.9650. Stop Loss: $1.0100.
ADA shows bullish signs if $1.0100 is cleared, but failure to hold above $0.9950 could lead to further downside. Monitor closely!