ADA continues to show resilience after the sharp downside sweep to 0.3394, which cleared a large amount of leveraged longs. Price has since recovered to 0.356, trading back above short-term averages with stable volume. This type of V-shaped recovery often signals absorption by stronger hands. The key takeaway is that sellers failed to maintain control after the sweep. Holding above 0.350 keeps ADA in a neutral-to-bullish recovery structure, while a break above 0.361–0.363 would confirm continuation rather than range rotation.
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$ADA /USDT — Absorption After a Deep Sweep
ADA continues to show resilience after the sharp downside sweep to 0.3394, which cleared a large amount of leveraged longs. Price has since recovered to 0.356, trading back above short-term averages with stable volume. This type of V-shaped recovery often signals absorption by stronger hands. The key takeaway is that sellers failed to maintain control after the sweep. Holding above 0.350 keeps ADA in a neutral-to-bullish recovery structure, while a break above 0.361–0.363 would confirm continuation rather than range rotation.
$ADA
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