$ADA 📊 Technical Analysis (as of June 15, 2025):

✅ Current Price:

• $0.6242, down -2.58% in the last 24 hours.

📉 Recent Performance:

• 24h High: $0.6428

• 24h Low: $0.6131

• MA60 (Moving Average): $0.6246 — current price slightly below MA60, indicating potential short-term weakness.

🔻 Volume:

• 24h Volume (ADA): 57.82M

• Volume Trend: Recent spikes followed by drops suggest short-term speculative activity, possibly due to the Charles Hoskinson proposal.

📈 MA/Trend Indicators:

• MA5 < MA10 → Bearish crossover

• Short-term uptrend lost momentum near resistance ($0.6428), and the price is now retreating.

📉 VOL % Change:

• 7 days: -5.81%

• 30 days: -20.80%

• 90 days: -11.36%

• 180 days: -43.74%

• This suggests sustained weakening volume, hinting at waning investor interest or caution in the market.

✅ Long-Term Strength:

• 1 year volume growth: +54.05% — Indicates long-term confidence and interest remain relatively strong.

⸻

📌 Trend Forecast:

Short-Term (1–3 days):

• Likely sideways to slightly bearish, especially if it fails to reclaim the MA60 level and break above $0.6253 resistance.

• Market sentiment remains cautious after the treasury proposal.

Medium-Term (1–2 weeks):

• If price consolidates above $0.62 support, and volume picks up, a bullish reversal is possible.

• Otherwise, breakdown below $0.6130 could lead to testing $0.60 or lower.

Long-Term (1+ month):

• The 1-year volume increase shows growing interest in ADA, possibly from institutional or DeFi developments.

• Long-term upside potential exists if the ecosystem expansion (e.g., DeFi and stablecoins) succeeds.

⸻

📉 Key Support & Resistance:

• Support: $0.6130 → $0.6000

• Resistance: $0.6253 → $0.6428

⸻

🧠 Conclusion:

ADA is in a consolidation phase, showing weakness short-term but maintaining long-term strength. Watch for how the community and market react to the DeFi funding proposal in the coming days — that will likely be a key catalyst.