Current technical signals lean towards strong selling, with weakness in momentum and lack of clear direction.
Safe option: Wait for a daily close above ~0.645–0.65$ as a signal of a return to positive momentum.
Risk: A break below support at ~0.62$ may open the door for declines towards 0.60$.
Optimistic view: Staying within the upward channel may drive ADA towards 0.75–0.80$ by the end of the month.
Investors should monitor the movement of Bitcoin and other major digital assets, as ADA's movement is correlated with them.
