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Is it finally happening or am I just seeing things again?
$ADA is actually showing some signs of life here. After that long bleed down to the 0.23 area, we’ve managed to string together a decent recovery. It’s sitting right at 0.2880 and honestly, the price action looks a lot cleaner than it did last week.
If you look at the daily candles, we’ve got a nice higher low establishment. The volume is sitting around 57M USDT, which isn't massive, but it’s enough to keep the momentum moving.
We’re bumping our heads against a bit of resistance right here. If we can clear 0.30 and flip it into support, the next leg up could be pretty quick. But if we lose this 0.28 level, I’m expecting a retest of the 0.26 support zone before any more upside.
I’m staying patient for now.
#GateSquareAIReviewer