Why ADA/USDC is Likely to Go DOWN 📉
⸻
1. Bearish Trend Structure 📊
• Price made a peak at 0.8418, but now it’s making lower highs and lower lows ⬇️
• This is classic downtrend behavior – sellers are in control 😤
⸻
2. Moving Averages Above Price 🚫
• MA(7): 0.7414, MA(25): 0.7515, MA(99): 0.7749
• Current price (0.7373) is below all of them 🔻
• This means both short-term and long-term traders are bearish 🐻
⸻
3. Old Support = New Resistance 🔁
• The 0.7414 level used to be support, now it’s acting as resistance 🚧
• Price fails to break above it = bearish sign ❌
⸻
4. Sell Wall Pressure 🧱
• Big sell orders stacked:
30.89K at 0.7384, more around 0.7385–0.7386
• Like a brick wall — hard to break through 🧱
• Buy side is much lighter — sellers dominate ⚖️
⸻
5. Weak Bounces, Strong Drops 📉⬆️
• Drops come with big red candles (high volume)
• Bounces are small and weak (low volume)
• This shows bulls are tired and bears are pushing harder 💪🐻
⸻
6. Funding Rate = More Longs = Long Squeeze Risk 💣
• Funding: +0.0050% → more traders are long 🟢
• If price drops, many long positions could be liquidated 💥
• This can trigger a long squeeze, pushing price even further down ⛔️
⸻
Conclusion:
Price will likely go DOWN unless:
• It breaks above 0.7414 or 0.7515 ✅
• And shows strong green candles with volume ⚡️
For now, bears are in control 🐻
