Hello,
A major buying opportunity here as $ADA retests a huge support at May's all time high. A strong support mixed with the daily 50ma could lead the price heading back up towards local highs at $3+.
I'll be entering this as a swing trade and closing out 50% of the position at $3 with a 29% gain.
Of course this will all depend on $BTC not having any meltdowns and crushing the market short-term.
-Good luck if you join-