$ADA

🪙 ADA's recent market trends are like a "sandwich cookie," unable to rise or fall, but now it is at a critical point of life and death!

❗ Falling below the 50-day moving average, bears are starting to go wild!

On May 30th, ADA broke through the 50-day moving average (0.71 USD), which is not a good sign:

🚨 Indicates that the bears have taken control of the steering wheel

The bulls are now desperately holding onto 0.64 USD, but——the rebound strength is weak, feeling like it might not hold on much longer

If 0.64 breaks, then it goes directly to:

👉 Heading towards the hard support of 0.60 USD

Going further down... brothers need to be cautious of free fall!

💥 Want to rebound? First, overcome this hurdle!

The bulls are not completely without opportunity, but to counterattack, they need to do two things:

Break through the 20-day moving average (0.72 USD)

Previously, every time it touched, it was "slapped down"

If it gets slapped down again, it will continue to be pressured by the bears!

Stand above the neckline

Which is the key resistance level of the head and shoulders bottom pattern

If it can really stand up, then it counts as regaining the initiative!

🚀 At that time, the target will be:

First rush to 0.86 USD

Then rush to 1.01 USD, only then can the bulls hold their heads high!