ADA double-topped near $0.5850 and dropped sharply to $0.5350. The current leg shows a clean recovery structure forming higher lows on the 15-min. If bulls hold $0.5550 on pullbacks, next resistance lies near $0.5750. A breakout from this squeeze setup could trigger a fast move back to highs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.