$ADA STUCK IN A TIGHT SPOT: CAN BULLS DEFEND THE BREAKDOWN ZONE?
$ADA is trading at $0.7573, down -7.59% over the last 24 hours. After dropping from a 24h high of $0.8195, price is now trying to stabilize above a weak short-term support zone. Volume is strong at 309.07K, but bears are firmly in control with 59.04% sell-side pressure.
Price Update & Range Recap:
• Current Price: $0.7573
• 24h High–Low: $0.8195 – $0.7429
• 15m Range Support: $0.7556
Key Support/Resistance Zones:
• Support: $0.7550 – $0.7500
• Resistance: $0.7610 – $0.7650
$ADA is hovering just above support but lacks bullish follow-through. Multiple failed attempts to reclaim $0.7610 suggest that bears still have the upper hand.