ADAUSDT post-capitulation base: targeting $0.2200ADAUSDT SPOTBYBIT:ADAUSDT3CommasThe Macro Picture πΊοΈ The June 6 bounce thesis is playing out β the $0.1500 capitulation low has held, RSI has lifted from extreme oversold (~22) to ~35, and price has already tested the $0.1900 First-Leg High once. What was free-fall two weeks ago has reset into a defined post-capitulation base between $0.1500 and $0.1900, the kind of compressed structure that historically resolves with a directional impulse. The broken $0.2200 macro floor still sits overhead as the magnetic target β the high-confluence zone that desperately needs to be retested from below before any meaningful reversal can build. The Setup βοΈ The Floor: The $0.1500 capitulation low is the line that holds the entire bounce thesis together. Buyers have already printed a higher low above this level, and the wick that flushed bears into the deepest oversold reading of 2026 has not been retested β a sign that capitulation selling is complete. The Range Play: The structural box between $0.1500 and $0.1900 creates a textbook playground for grid-based accumulation while the base resolves. Two weeks of sideways chop have absorbed the panic flow and compressed volatility into a high-confluence zone. The Trigger: A clean break above $0.1900 confirms the second leg of the bounce. Until that level prints, price remains in range-rotation mode; once it goes, the path opens directly into the $0.2200 zone with no historical reaction points to slow the move. The Roadmap: Primary target sits at $0.2200 β the broken macro floor that now serves as structural ceiling, as indicated by the white projection. Invalidation: a sustained 1D close below $0.1500 would invalidate this base and reopen the path toward the $0.1300 deeper structural support zone.