$ADA STRUGGLING TO STAY AFLOAT – Bulls Losing Grip!
Price Update: $ADA down -3.91%, now trading at $0.6789 after tapping $0.6701 low. The bounce looks weak, and sellers are still in control.
Current Price: $0.6789
Range: $0.6701 – $0.7183
RSI: Trending lower, indicating continued bearish pressure.
Key Support Levels: • $0.6700 – If this breaks again, expect acceleration to the downside
• $0.6480 – Major support zone to watch
Key Resistance Levels: • $0.7030 – Needs to flip this to regain momentum
• $0.7180 – Last high before the recent dump
Buy/Sell Order Book Split: • Buyers: 43.59%
• Sellers: 56.41%
Momentum: Fading upward pressure. Without a strong reclaim above $0.6900, bulls risk a deeper correction.
Caution: Any weakness below $0.6700 could open floodgates. Stay alert and manage risk wisely.