$ADA

#ADABullish

ADA
ADA
0.2922
-2.50%

Price: ~0.3607

24h change: -0.88%

Trend: Clearly bearish

Timeframe shown: 15m → 1D

📊 Moving Averages (Key Signal)

All major MAs are above price, which is not great for bulls:

MA(7): 0.3686

MA(25): 0.3851

MA(99): 0.4600

👉 This confirms strong downward pressure. Price is trading below short, mid, and long-term averages.

📉 Structure & Momentum

Lower highs + lower lows → downtrend intact

Volume is below average → weak buying interest

1Y performance -63% → long-term confidence is low right now

🔑 Key Levels to Watch

Support zones:

0.355 – 0.350 (immediate)

0.329 – 0.324 (strong support, breakdown = danger)

Resistance zones:

0.368 – 0.370 (MA7 area)

0.385 (MA25 – major rejection zone)

🧠 What This Means

Short-term: Weak bounce attempts likely to fail unless volume spikes

Scalping: Only quick trades near support → tight stop-loss

Swing / Hold: Trend says wait, not accumulate aggressively

Trend flip confirmation: Daily close above 0.385 with volume

⚠️ Big Picture Take

ADA is in distribution / consolidation after a heavy dump.

This is not a reversal yet — just bleeding slowly.