🚨 Technical analysis for the currency $ADA | Daily frame

🔹 Current price: 0.37$

– The overall trend is still downward with the formation of lower highs and lower lows (LH / LL).

– The price is currently trading near a strong demand zone around 0.35 – 0.33.

– Any upward bounce will be corrective as long as the price is below the supply areas.

– The momentum indicator shows weak buying and no clear breakout so far.

🔼 Positive scenario (upward):

If it holds above 0.40

🎯 0.45 – 0.50 – 0.60

🔽 Negative scenario (downward):

If it breaks 0.33

❌ 0.30 – 0.26 – 0.22

📌 Note: The general trend prefers selling from supply areas until a clear reversal signal appears.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.