#MarketPullback #MarketPullback
Critical support is under attack!
Price update:
The ADA/USDT pair has dropped from $0.6865 to $0.6839, down -1.13% as selling pressure begins. The trading volume is 1.14 million on this 15-minute candle, showing a buyer presence of 57.87% in the order book - but this is not enough yet to stop the pressure. Current price: $0.6839
Range: Strong rejection from $0.6865, now testing the $0.6828 area
Relative Strength Index: Slowing on lower time frames, indicating a potential decline in the short term
Key support levels:
• $0.6820 (immediate bounce area)
• $0.6785 (strong base area - must hold)
Key resistance levels:
• $0.6860 - $0.6885 (rejection area)
• $0.6900 and above (requires a breakout for trend reversal)
If the ADA price falls below $0.6820 with high trading volume, a deeper pullback may follow. Bulls need to intervene quickly, or they risk losing short-term trend strength. Watch closely.