$ADA

⚠️ ADA's recent performance has some warning signs!

👿 Short sellers are very active, each time the price approaches the 50-day moving average of $0.72, it gets pushed down, indicating significant pressure above, and sellers are not allowing it to rise.

📉 At this point, the 20-day moving average is also heading downwards ($0.68), and coupled with a weak RSI, it's clear: short sellers are in control!

🔥 The critical battlefield is here!

💥 If it breaks below $0.60, the next target could very well be the support level of $0.50, which is the last line of defense that bulls will definitely hold onto.

💪 To turn the tide, three hurdles must be crossed:

1️⃣ First hurdle: Break through and stay above the 50-day moving average ($0.72)

　　→ This is a signal to stop the decline, proving that buying pressure is starting to strengthen!

2️⃣ Second hurdle: Challenge the downward trend line

　　→ This is the turning point from bear to bull, and everyone will be watching!

3️⃣ Third hurdle: Break through the trend line and hold steady

　　→ If successful, ADA may officially start a reversal trend!