🔍 Technical Analysis $ADA

1. Current Trend:

• Bearish after rejection at $1.0199 and pullback to the $0.90 area.

2. Support and Resistance:

• Support: $0.884 – $0.872.

• Resistance: $0.91 – $0.93.

3. Volume:

• Slight decline, confirming bearish consolidation phase.

4. MACD:

• Negative, with no signs of a nearby bullish crossover.

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✅ Conclusion:

• The price could attempt to test EMA 7 before seeking new lows in the support area.

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