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$ADA is attempting to recover after an extended downtrend, and the recent bounce shows buyers are finally responding at lower levels. The reaction from support was sharp, indicating demand is still present.
However, structure remains fragile until ADA can reclaim key resistance zones. This move looks more like a relief push than a confirmed trend change for now.
If price can build a base instead of fading back down, ADA may start forming a higher-low structure. That’s the signal many will watch before confidence fully returns.