A viable ABDA naval force in Southeast Asia

Was there any way to save ABDA Command as an effective naval force?

Yes; the survival of Force Z and the arrival of Saratoga could create a coalition fleet strong enough to force a major Japanese response.

ABDA's prospects change if Prince of Wales and Repulse survive and Saratoga reaches the combined command. Reinforced by additional British and American carriers, the force becomes dangerous enough that Japan must concentrate against it rather than continue on the historical timetable. The carrier force used for the Indian Ocean raid might instead be committed to destroying ABDA. That produces a major fleet battle rather than the rapid collapse of an outmatched coalition.