New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
The recent rebound of ADA is quite impressive. From the low point of 0.3276, the bulls have hardly given any breathing room.
From a technical perspective, it looks quite comfortable—the short-term moving averages are already aligned in a bullish formation, and the price is steadily moving upward along this line. Each pullback is halted at key support levels without breaking them. What does this rhythm of movement indicate? It shows a strong sense of control by the bulls. The MACD has experienced a golden cross, with the red bars gradually enlarging, and the momentum is continuously being released. This is not a pulse-like rally that spikes quickly and then disappears.
The market sentiment is even more interesting. Large investors are quietly increasing their positions, and active buy orders can always be seen at key levels, indicating that bullish sentiment is already quite strong. Such a rebound, supported by substantial funds and solid technical patterns, usually has good continuation potential.
Currently, the price is at 0.3477, so a light position for long entries can be considered. To be cautious, set the stop-loss at 0.335. If the price falls below this level, it indicates that the rebound logic has been broken, and it’s time to exit decisively. The initial take-profit target is 0.36; if the price can break through smoothly, reaching 0.375 is highly probable.