2026-04-09 15:53:07

$ADA — Range Reclaim After Downtrend Pressure

🔥 Strong Bounce From Local Low
ADA dropped steadily to ~0.247, then printed a sharp bullish candle reclaiming the 0.252–0.255 zone.

📊 Market Structure Insight
Short-term shift from bearish → neutral/bullish. The downtrend lost momentum, and price is now attempting a range reclaim.

💡 Key Insight:
First strong reclaim after a downtrend often leads to a relief rally toward previous resistance zones.

🎯 Trade Levels:
Entry Zone: 0.252 – 0.255
Stop Loss: Below 0.249
Target 1: 0.259
Target 2: 0.263

⚠️ Key Levels:
0.250 → Must hold as support
0.259–0.261 → Major resistance zone

Holding above 0.250 keeps recovery intact. Break above 0.259 confirms continuation toward range highs.

Are you taking the relief bounce or waiting for full trend reversal confirmation?

ADA1.5%

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