$ADA analysis of ADA/USDT for June 14, 2025:

On June 14, 2025, ADA/USDT is experiencing bearish momentum, trading around $0.63-$0.64 USDT. Recent analysis indicates a decisive breakdown below ascending wedge support on the 4-hour chart, with prices firmly below the Ichimoku Cloud. While whales have been accumulating ADA, suggesting long-term confidence, short-term indicators like a declining RSI and negative funding rates point to continued downside pressure. Immediate support lies near $0.60, with potential for a deeper correction towards $0.50 if bearish sentiment persists. Key resistance is at $0.70.