$ADA remains in a well-defined 4H downtrend, with price trading below all major EMAs and structure printing consistent LH/LL. The recent bounce was shallow and failed to reclaim prior resistance, reinforcing bearish control.

Price is now compressing near short-term support while momentum flattens on MACD. Volume has cooled compared to the breakdown phase, signaling a lack of aggressive buying pressure.

If $ADA stays capped beneath the recent lower high, the structure remains intact and downside continuation becomes more probable. Acceptance above that supply zone would be required to challenge the bearish regime.