$ADA

🚨 In the past few days, ADA has managed to stabilize above the moving average, but the bulls seem to be under anesthesia, unable to pull off a decent rebound.

⚠️ Are risk signals coming?

If the price breaks below the moving average next, the short-term situation will lean towards bearish, and ADA may head straight for the support level at $0.58.

This position is the last fortress for the bulls; once breached, it could lead to a “retreat at every step.”

✅ Can the bulls hold firm?

To maintain the situation, buyers must quickly exert strength and break through the key resistance level at $0.75 in one go.

As long as this hurdle is cleared, the target can be set at $0.83, but be cautious—over there, the bears are already sharpening their knives, ready for battle.