Professional ADA Trading Setup:
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Key Support Zone: $0.64-$0.94, with $0.76 as 38.2% Fibonacci retracement level.
Potential Upside: Break above $1 could confirm bullish trend, targeting $1.72 and $2.36.
Corrective Channel: ADA remains in downtrend channel, suggesting further lows unless buying volume strengthens.
Key Levels:
- $0.81: Crucial threshold for bullish recovery
- $0.76-$0.64: Potential support zone if $0.81 breaks
Outlook: Bullish recovery possible if $0.81 holds; otherwise, further lows expected.