#ADA# Building recovery momentum after the bounce back.....

#Cardano is trading at a price of $0.9363, up 0.88% for the day, after bouncing back from its lowest price in 24 hours of $0.8781. This recovery comes after a sharp decline from its highest price of $1.0193, with buyers gradually regaining control.
Market Overview ( One Hour Chart )
Direction: Short-term recovery in progress, holding near $0.9360.
Support levels: $0.9020 immediate, $0.8780 major.
Resistance levels: 0.9480 short-term dollars, then 0.9640 main breakout area.
Order book sentiments
Buy Orders: 50.95%
Sell orders: 49.05%
The order flow is balanced but slightly leans towards buyers, indicating accumulation at current levels.
Performance Overview
Daily increase: +4.16%
Weekly increase: +24.03%
Increase over 30 days: +27.53%
Increase over one year: +180.41% — ADA remains one of the strongest performers in the large market cap altcoin space.
trading forecasts
Bullish scenario: A break above $0.9480 could open the door towards $0.9640 and $0.9800.
Bearish scenario: A drop below $0.9020 may trigger a new test of $0.8780.
Warning Note: Volatility remains high, so it is recommended to set a stop loss below $0.9020 for long positions.
The conclusion
ADA maintains its bounce back momentum and is consolidating near a critical resistance area. A confirmed breakout could accelerate the move towards $1.00, but failure to hold the current support may see a return to the recent lows #Content Mining & Earn Rich Commission# #August Market Prediction# #Which Sectors Are You Watching in 2025?# #July PPI Beats Expectations# .