ADA fell from $0.688 to $0.625 before recovering slightly to $0.641.
Volume spiked between 01:00–02:00 UTC, establishing support at $0.622.
A 58% recovery off the lows indicates some accumulation with higher lows forming a rising channel.
Resistance at $0.645 has limited upward momentum; buyers are active near $0.636.
Volume peaks at 13:50 and 14:00 UTC were 2.6M and 5.7M ADA, indicating renewed interest but limited follow-through.