The recent rebound of ADA is quite impressive. From the low point of 0.3276, the bulls have hardly given any breathing room.
From a technical perspective, it looks quite comfortable—the short-term moving averages are already aligned in a bullish formation, and the price is steadily moving upward along this line. Each pullback is halted at key support levels without breaking them. What does this rhythm of movement indicate? It shows a strong sense of control by the bulls. The MACD has experienced a golden cross, with the red bars gradually enlarging, and the momentum is continuously being released. This is not a pulse-like rally that spikes quickly and then disappears.
The market sentiment is even more interesting. Large investors are quietly increasing their positions, and active buy orders can always be seen at key levels, indicating that bullish sentiment is already quite strong. Such a rebound, supported by substantial funds and solid technical patterns, usually has good continuation potential.
Currently, the price is at 0.3477, so a light position for long entries can be considered. To be cautious, set the stop-loss at 0.335. If the price falls below this level, it indicates that the rebound logic has been broken, and it’s time to exit decisively. The initial take-profit target is 0.36; if the price can break through smoothly, reaching 0.375 is highly probable.
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MoneyBurnerSociety
· 11h ago
Haha, another perfect technical pattern. I bet five dollars that this will again be my contrarian indicator.
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MEV_Whisperer
· 13h ago
I'm feeling comfortable with this wave of ADA's rhythm, but I'm worried it might be another fake move...
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MetaverseLandlord
· 13h ago
The big players are accumulating, I can see this rhythm clearly. ADA's move this time is not simple.
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GhostAddressMiner
· 13h ago
Well, I also observed signs of large investors quietly increasing their positions, but look at those original addresses with new holdings... Interesting, they are wallets that have been dormant for over 3 years suddenly becoming active. The logic behind this deserves some thought.
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metaverse_hermit
· 13h ago
Hmm, this ADA rebound does have some substance; it doesn't feel like the funds are crashing the market.
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NFTArchaeologis
· 14h ago
Hmm, ADA's recent surge is quite interesting, almost like rediscovering ancient manuscripts that were buried—patience is needed to wait for the key moment of validation. The resonance between funds and technology is indeed worth paying attention to, but I still prefer to observe longer-term narratives, after all, short-term pulses and genuine value return are not the same thing.
The recent rebound of ADA is quite impressive. From the low point of 0.3276, the bulls have hardly given any breathing room.
From a technical perspective, it looks quite comfortable—the short-term moving averages are already aligned in a bullish formation, and the price is steadily moving upward along this line. Each pullback is halted at key support levels without breaking them. What does this rhythm of movement indicate? It shows a strong sense of control by the bulls. The MACD has experienced a golden cross, with the red bars gradually enlarging, and the momentum is continuously being released. This is not a pulse-like rally that spikes quickly and then disappears.
The market sentiment is even more interesting. Large investors are quietly increasing their positions, and active buy orders can always be seen at key levels, indicating that bullish sentiment is already quite strong. Such a rebound, supported by substantial funds and solid technical patterns, usually has good continuation potential.
Currently, the price is at 0.3477, so a light position for long entries can be considered. To be cautious, set the stop-loss at 0.335. If the price falls below this level, it indicates that the rebound logic has been broken, and it’s time to exit decisively. The initial take-profit target is 0.36; if the price can break through smoothly, reaching 0.375 is highly probable.