📉 $ADA Update – June 19, 2025

• Price action: $ADA slipped below key $0.60 support, dipping to $0.5965 and closing the hourly candle below.

• Volume spike: 24h trading volume surged ~30% above the 7-day average, signaling stronger market activity and possible accumulation.

• Market structure: Intraday higher lows + fading sell pressure hint at accumulation despite short-term bearish momentum.

• 24h price range: $0.589 – $0.612 (≈3.9%)

🔍 Technical Takeaways

• Triple-bottom reversal setup failed to hold $0.60 = structural weakness.

• Bulls pushed back to ~$0.609 post-dip, but stalled in the $0.597–$0.603 range.

• Uptrend break = reduced bullish bias. Still watching volume closely.

• High spot vol might suggest buyers moving off exchanges.

💡Summary

• Watch $0.60 zone—reclaim = short-term bullish flip.

• Support: $0.589

• Resistance: $0.603–$0.609

• Volume surge hints buyers prepping for accumulation. Don’t panic on dips unless $0.589 breaks cleanly.