$ADA /USDT is trading near $0.403, and the chart reflects a market stuck in balance, not weakness.
Price pushed earlier toward $0.4077, but sellers defended that zone firmly, forcing a pullback back into the range. The drop didn’t accelerate, though. Instead, ADA stabilized and began moving sideways, showing that buyers are still willing to absorb selling pressure around current levels.
All key moving averages are tightly compressed. MA(7) at $0.4033, MA(25) at $0.4031, and MA(99) at $0.4007 are nearly stacked, which usually signals a pause before expansion. This kind of compression doesn’t last long.
Support is clearly defined at $0.400–$0.399, where buyers stepped in previously and defended structure. A clean break below that zone would open the door toward $0.397, but until then, bears don’t have confirmation.
On the upside, $0.407–$0.408 remains the immediate resistance. Acceptance above it would flip the range into continuation and likely draw momentum back into the move.
Volume remains steady at 100M ADA, enough to keep price active without forcing direction.
