📉 Altcoin Recovery: ADA surged nearly 30% as Bitcoin dominance dipped from 57.8% to 56%, attracting renewed capital inflows.
📊 Strong Rebound: ADA reclaimed the 4-hour 50-EMA, signaling a short-term bullish trend. A move to $1.3 or even $1.5 is possible if momentum holds.
🔄 2021 Pattern Repeat?: In 2021, ADA fluctuated between $1-$1.5 before surging to $3. If history repeats, $1.5 could be the next target.
💸 Key Levels to Watch: Liquidity heatmaps show resistance at $1.23-$1.25 ($143B in short positions) and support at $1.0 ($40B in long positions).
🚀 Path to $1.5: A short squeeze above $1.3 could push ADA to $1.5. However, failure to clear $1.25 may lead to a dip back to $1.0.
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