The price perfectly fulfilled my previous idea. It bounced off the resistance zone. ADAUSDT plummeted downwards, shattering support levels in its wake. Failing to break and close below the crucial 0.50 level, was merely a precursor to a more significant correction, which has recently unfolded. I believe the market may now be poised to revisit its recent support levels and channel boundary, potentially offering a chance to re-enter the market at more attractive prices. On the daily timeframe, the market remains within a developing range zone, which is taking shape as a triangle pattern. In my opinion, this presents a compelling opportunity to capitalize on lower prices by buying into the market. My goal is the resistance zone 0.4700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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