I just reviewed the ADA chart and the bearish pressure is quite evident. The coin is touching $0.25, with a 3.08% drop in the last 24 hours. The interesting thing is that it has been oscillating between $0.25 and $0.26, without decisively breaking upward.



Looking at the technical indicators, the Supertrend shows a clear resistance at $0.31571, confirming that the downward momentum continues to dominate the market. The Stochastic Oscillator shows weakening in momentum, so I do not expect an immediate bullish rebound. The context is complicated: ADA has fallen 0.80% this week and 4.97% this month, testing that critical support at $0.26.

What stands out most are the long position liquidations. $1.76 million has been liquidated in 24 hours, which explains part of this pressure on bullish traders. It’s a reminder of how volatile the market can be right now.
ADA-3.64%
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