Observing the $ADA chart, we're seeing signs of continued struggle.
Despite a recent modest bounce, the overall trend remains under pressure, with the price failing to establish higher lows or decisively break above previous resistance levels.
The current price action indicates that selling interest remains prevalent, and any upward moves are quickly being met with renewed supply.
This suggests that the bears are still largely in control, and further downside potential remains a significant possibility for $ADA in the near term.
