ALERT: $ADA Slips Further—Short-Term Bounce or Trap?

ADA

0.3882

+1.43%

$ADA just dropped -3.71%, now trading at $0.6149 after brushing the intraday low of $0.6042.

Current Price: $0.6149

Range: $0.6042 – $0.6486

RSI(6): 62.25 (approaching bullish territory)

Key Support: $0.6040

Key Resistance: $0.6300

Buy/Sell Order Book Split: Slightly favoring sellers

Momentum: Mild recovery but caution warranted—StochRSI is overheated at 94.97

Watch out: If $ADA fails to break $0.6300, bears could regain control fast.