$ADA is bleeding and the trend is still down
Price trading at 0.40 with a clear rejection from all major MAs
MA7 MA25 MA99 all sloping down no sign of strength
Daily timeframe shows lower lows and lower highs
Volume spike hints at panic selling not reversal
Support next at 0.38 and if it breaks 0.36 becomes possible
Bulls need reclaim of 0.46 to shift momentum
Right now the chart is still in seller control
ADA
0.4126
+2.71%