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ADAUSD has completed a 3-swing pullback against the June low and entered the extreme buy zone at $0.72–$0.64. While marginal new lows are still possible, this area aligns with Fibonacci confluence, making it a prime zone for a bullish reversal or at least a 3-wave bounce next week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.