🚨 $ADA Bear Flag Forming — Is a Breakdown Coming? 🐻📉
ADA is flashing warning signs. The chart shows a classic bear flag — a bearish continuation pattern that often ends in sharp downside.
📉 After a strong drop, ADA is now consolidating in a rising channel — but don’t be fooled. Volume is fading, momentum is weak, and RSI is showing bearish divergence.
📊 Key Resistance: $0.39 (still untouched)
📉 Key Support: $0.37 — if this breaks, expect pressure to mount fast.
🐳 On-chain activity is flashing red:
– Large holders are sending ADA to exchanges
– Retail is piling into longs during this slow drift up
⚠️ Classic long squeeze setup if support cracks
💣 Bear flags are brutal. They lure in bulls with hope — then flip into fast, heavy breakdowns.
If ADA loses $0.37 on strong volume, it could quickly plunge to $0.34 or even $0.32.
🧠 Bottom line:
ADA is on thin ice. Manage risk. Don’t chase weak recoveries.
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