$ADA is trading around $0.3848 in a short-term bearish trend. Price faced repeated rejection near $0.3880, forming lower highs and confirming strong selling pressure. A sharp sell-off followed, pushing price back to key support around $0.3845. Holding this level could trigger a minor bounce, while a breakdown opens downside toward $0.3800. Overall, short-term momentum remains bearish despite longer-term fundamentals.
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