đź’Ž At present, ADA is undergoing a retest within its supply zone, hinting at a potential move downwards towards the demand or Bullish OB region between $0.270 - $0.253. Should the price touch this zone, we could witness a bounce-back, propelling ADA towards an upward trajectory to challenge the resistance trendline and the subsequent supply zone.
đź’ŽHowever, if ADA swiftly breaches the supply zone and firmly establishes above it, it might skip the demand zone altogether, setting its sights directly on the resistance trendline and the supply points at $0.379 and $0.428.
đź’ŽOn the flip side, should ADA fail to hold the Bullish OB, it's plausible for it to carve a new lower low, indicating a deeper descent.
💎 Paradisers, keep a keen eye on these potential market movements! 🌴