New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
#ADA
🔥Looking at the current trend, the 20-day moving average at $0.4366 continues to press down, and the RSI is declining, indicating that the bears temporarily hold the dominant position😈. Market sentiment is cautious, and funds are clearly watching and waiting.
📉 Downside risks need close attention
$0.40 and $0.37 are the most critical defense lines right now
If it drops below $0.37, selling pressure may rapidly increase
ADA could plunge straight to $0.31, and in extreme cases, test the stage lows of $0.27⚠️
📈 The only signal for a bullish rebound
To truly reverse the situation, bulls must strongly surge and firmly stay above $0.50💥
Once this level is broken, market sentiment will significantly improve, and ADA is expected to rebound to $0.60, even challenge $0.70🚀
🎯 Summary
Below $0.37: Risk zone
Above $0.50: Signal of strengthening