ADA Price Update | 1H Chart
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$ADA continues to trade within a narrowing bearish structure on the 1-hour timeframe, showing signs of compression.
Current price action is around $0.262, holding just above a short-term demand zone at $0.259–0.260. If this area remains defended, a short-term rebound toward $0.268–0.272 could occur.
On the flip side, a sustained break below $0.259 would invalidate the support and may lead to continued downside pressure.
This analysis is for educational purposes only and does not constitute financial advice. Always manage risk and do your own research.
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ADAUSDT
Perp
0.2634
-0.60%