ADA just bounce off the 100 day and 50 day MA.
The 50 day is about to cross the 100 day confirming an uptrend.
The next candle would be a 9. Although you can usually reverse at an 8 anyways.
We are also at the previous low 0.00002930 and did not close below it.
All things lead to a short bounce. But always, place your stop loss below the 50 day if you go long now.
Stay safe, traders!