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The harsh reality is that ADA's main trend is still broken and collapsing.
🔥Just look at the 200 EMA line, it's still far above (0.3187). Catching a falling knife in this kind of market is very risky. The current upward movement is very vulnerable and could just be a "fake breath" before the market makers push the price down again.
❌And if BTC suddenly coughs, altcoins like ADA are the first to go to the ICU. Up there, there's already a concrete wall at 0.2206 ready to push the price back down.
So, what's the game plan, bro?
✅Let's play smart and not dream of hitting yesterday's peak. We should take advantage of this rebound momentum to take profit in the nearest area, and definitely set a precise stop loss so that if the scenario fails, your capital isn't wiped out.