$ADA

The price of $ADA is currently trading at $0.6357, marking a significant decrease of 6.39% over the past 24 hours. After testing a daily low of $0.6174, the price has shown signs of stabilization with moderate recovery attempts. This follows sharp sell-offs from a recent local high of $0.6852. The overall trend remains bearish in the short term, with resistance forming around the $0.6490-$0.6600 area. However, the strong trading volume over the past 24 hours, amounting to 202.94 million ADA, indicates increased market activity, and the bounce from the lower wick suggests the beginning of buyer entries at reduced levels.