$ADA Demand Zone Test In Progress
$ADA entered the $0.32–$0.36 demand zone exactly as expected. We saw an initial bullish reaction that pushed the price up to $0.38, but it has now pulled back to around $0.357. If price holds above $0.36, short-term targets could be $0.382, $0.405, and $0.44. But if this demand zone fails, the next bearish targets are $0.31 and $0.27.
$ADA is Dropping Just as Expected | Demand Zone Getting Closer!
$ADA is now trading around $0.385 after a clean 20% drop from the recent $0.485 swing high. This decline has been fully anticipated, and price is slowly approaching the key $0.32–$0.36 demand zone, a historical level where strong bullish reactions have occurred multiple times.
If ADA taps into this area again, I’ll be watching for signs of absorption and a potential reversal. If the reaction is strong, we could see a new bullish leg targeting first $0.44 and then possibly $0.485 again.
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