$ADA FOLLOWED THROUGH WITH BEARISH BREAKDOWN 📉⚠️
$ADA broke below key support and confirmed a shift in market structure as sellers maintained full control.
Price continued forming lower highs, eventually leading to a stronger downside move with momentum increasing.
At this stage, any relief bounce should be viewed carefully as the overall trend remains weak.
For a proper recovery, bulls need to reclaim major resistance levels and stabilize structure first.
Until then, bearish pressure is still dominant. 📊
#SpaceXFilesForNasdaqListing #USDollarUpOnInflationFedHawk #CFTCAbolishesNoDenySettlementPolicy
$ADA broke below key support and confirmed a shift in market structure as sellers maintained full control.
Price continued forming lower highs, eventually leading to a stronger downside move with momentum increasing.
At this stage, any relief bounce should be viewed carefully as the overall trend remains weak.
For a proper recovery, bulls need to reclaim major resistance levels and stabilize structure first.
Until then, bearish pressure is still dominant. 📊
#SpaceXFilesForNasdaqListing #USDollarUpOnInflationFedHawk #CFTCAbolishesNoDenySettlementPolicy