$ADA

#Special Addition

$ADA rebounded off the $0.50 but the recovery is likely to face selling at the moving averages.

If the price of $ADA turns down from the 20-day EMA ($0.61), it suggests that the bears are selling on every minor rally.

That increases the risk of a break below the $0.50 support. If that happens, the #ADAUSDT pair could slump to $0.40.

Instead, if buyers pierce the 20-day EMA, the pair could reach the 50-day SMA ($0.69).

Sellers are expected to defend the zone between the 50-day SMA and the downtrend line,

BUT

if the bulls prevail, the pair will signal a potential trend change

but before placing any order please do your own analysis

have a happy n earny trading