The price of $ADA experienced a rapid sell-off in the $0.295 to $0.300 range, followed by a slight rebound—a typical example of liquidity-driven buying…
A sell-off has occurred, but buyers are reacting to this historical support level.
If this support level holds, a price rebound is possible in the short term.
Key price levels to watch:
Support: $0.30 → $0.295 → $0.285
Resistance: $0.31 → $0.32 → $0.335
Holding above $0.295 will preserve the possibility of a rebound.
A break below this level could lead to a larger decline.