🔥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🚀
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#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