📉 ADA at $0.28 — breaking down and heading toward the next major support
$ADA just flushed through its previous support and is now trading around $0.28 after a heavy daily sell‑off. The chart is pretty clear: the structure is weak, momentum is down, and the next meaningful level sits lower.
Key Levels
Broken Support: the mid‑range zone price just lost
Current Price: $0.28, trading below structure
Next Support: $0.2216 — the level marked on the chart and the next logical target
What the Chart Shows
ADA has been trending down for a while, and today’s move confirms continuation.
There’s no sign of strength here — no reclaim, no reaction, just clean downside momentum.
If the market keeps this pace, the $0.2216 level becomes the next area where buyers might finally show interest.
Until ADA can reclaim the broken zone above, the bias stays bearish.
📌 My Take
ADA is in a clear downtrend and heading toward the next support.
Reclaiming lost levels would be the first sign of stabilization, but for now the chart favors continuation lower.
#ADA #Altcoin