🔥 ADA Reversal From Strong Support

During the sell-off of the last couple of hours, it seems that ADA has found a local low around the 1.03 mark. In case a new bullish move starts from here, I've placed the entry point around the value of before the sell-off.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!