Thoughts on #ADA:


$ADA on the daily timeframe has just completed a bearish AB=CD pattern with a rejection around 0.95$. Currently $ADA is trading below the 9 EMA at 0.88$, momentum looks weak and a correction seems likely. The key support sits at 0.74–0.77$ zone and losing this level could open doors towards 0.70–0.68$. For now, bulls need to reclaim 0.90$+ to shift the bias back to bullish for $ADA.


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August 21, 2025 at 12:26 PM
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