#ADA $ADA

📉 CURRENT CONTEXT

• Recent resistance zone: $0.6111

• Local support zone: $0.5825 – $0.5840

• Current price: $0.5941

• MACD: Showing a slight bearish crossover with decreasing red histograms → possible consolidation or mild correction.

• Previous trend: Strong momentum from $0.5361 to $0.6111

• Visible pattern: Possible double top at $0.6111 or healthy pullback after the rally.

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🔎 POSSIBLE SCENARIO

We are in a post-rise retracement. The drop stopped near the 38.2%–50% retracement level (Fibonacci) of the last impulse, which is a typical area for bullish re-entry if the movement continues.