ADA's movement is interesting. After visiting and breaking through the support zone at $0.2748, it built a bullish movement that was not very strong and, seen in H1 timeframe, is now consolidating. If it breaks through the nearest resistance zone, currently at $0.3050, without a deep pullback, it could probably reach supply zones at $0.3131, which is where an interesting volume entered. Vital support at $0.2685, strong downtrend.

📱 "ADA fell into a waterfall of 2.38%, the cryptocurrency market is in a free fall ⚠️" ｜February 4 TradeyAI Morning Market Analysis
Good morning, crypto friends! Yesterday's performance of ADA was like a duck that accidentally fell into a waterfall, sliding down all the way, with a 24-hour drop of up to 2.38%, truly heartbreaking. 😂
📉 ADA's current price is $0.2912, with a 24-hour high of $0.305 and a low of $0.2817.
📍 One sentence summary: Bearish, just like coffee grounds stuck on a coffee filter, continuing to slide down.
📊 Trend Analysis:
• 15 minutes: Trend direction is downward, like a child on a slide, happily sliding down.
• 1 hour: Trend direction is volatile, like a lost little bird, swaying back and forth.
• 4 hours: Trend direction is downward, like an ice sculpture, constantly melting.
• Daily: Trend direction is downward, like a roller coaster, rushing down all the way.
📍 Support levels $0.2849 (the cushion preventing ADA's fall), $0.2832 (the safety net for ADA's decline), $0.2751 (the lifebuoy during the drop).
📍 Resistance levels $0.2942 (the glass ceiling for ADA's rise), $0.3052 (the stone wall ADA wants to break through), $0.3155 (the iron gate preventing ADA's rise).
💥 Contract sentiment: A bear market atmosphere, everyone is smiling bitterly at ADA's decline.
🎯 Operation suggestion: 【SuperTrend filtering strategy】short: entry $0.2924, take profit $0.2852, stop loss $0.2972, position size 10%
How will ADA perform today? What do you think? Feel free to leave your comments and discussions in the comment section, and don't forget to like and share~