$ADA – Sharp rejection sends price back into the lower zone

$ADA is trading around 0.4158, down a heavy -10.08%, after failing to sustain above the 24h High at 0.4745 and dropping toward the 24h Low at 0.4114. The candle shows a strong rejection from resistance, signaling sellers quickly stepping back in after a brief attempt at recovery.

Momentum has weakened again, with price slipping back under the 7MA and 25MA. Volume indicates active selling, suggesting demand couldn’t keep up after the breakout test.

Key Levels

Support: 0.4110 / 0.3705

Resistance: 0.4310 / 0.4450 / 0.4745

Trend

The daily trend remains bearish, with price still well below the heavy MA99 at 0.6513. The downtrend structure is intact, showing lower highs and lower lows.

Trade Idea

If ADA reclaims 0.4310 with strength, it may try another push toward 0.4450 → 0.4745.

If price breaks below 0.4110, the chart may revisit the 0.3705 base for a deeper liquidity sweep.

$ADA attempted a breakout but failed to hold it, and sellers remain in control unless the short-term MAs are reclaimed with conviction.