$ADA continues to trade under strong selling pressure on the higher time frame. The price remains below EMA(7), EMA(25), and EMA(99), indicating a clear bearish market structure. The long-term descending trendline is still acting as resistance, with repeated rejections confirming weakness.
Momentum indicators also favor bears. RSI remains in oversold territory, suggesting sellers are in control and any short-term bounce may be corrective rather than a trend reversal. The current support zone around $0.30–$0.28 is critical. A confirmed breakdown below this range could open the path toward the next major support near $0.25.
Unless ADA manages to reclaim key EMA levels with strong volume, further downside toward $0.25 is likely in the near term.
Bias: Bearish
Key Support: $0.28 → $0.25
Key Resistance: $0.35–$0.40
ADA
0.2703
-0.69%
BTC
70,584.47
+2.03%