ADA shows weakness on the 1-hour chart. The rebound after breaking below 0.3886 is weak and has failed to effectively retest the MA5 moving average, indicating clear signs of a breakdown technically.
The MACD green bars continue to lengthen, suggesting that downward momentum is still building. Currently, the trading volume is highly volatile, mainly due to retail traders' wash trading. Large funds have already withdrawn from the market, which is not a very optimistic sign.
The current price is 0.3922, repeatedly testing the support level around 0.38. If this key level is broken, there may be further downside potential. In the short term, the overall trend remains weak, and caution is advised.
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TokenomicsDetective
· 01-11 08:18
ADA this round is really boring. Large funds are fleeing, and retail investors are still just arbitraging. Trading is becoming less and less interesting.
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DegenWhisperer
· 01-09 14:16
All the big funds have already left, now it's just retail investors cutting each other, ADA this wave is really uncertain.
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Degentleman
· 01-08 08:54
ADA has dropped again, retail investors are still knocking each other out, while big players have already left. This is outrageous.
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ser_we_are_early
· 01-08 08:50
Big funds have all left, now only retail investors are knocking each other around. Something's not right with this game.
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GasWhisperer
· 01-08 08:44
watching ada's mempool like it owes me money... that 0.38 support is basically screaming for a wick down. big money already ghosted, now it's just retail slapping each other around lol
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NFTRegretter
· 01-08 08:41
Still pushing at 0.38, the big players already sold early, so why are there still people picking up the bag?
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RektButSmiling
· 01-08 08:29
ADA is starting up again. The big players have already left, and we're still here bleeding?
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FunGibleTom
· 01-08 08:29
All the big funds have left, and we're just a bunch of retail investors cutting each other. How are we supposed to play like this?
ADA shows weakness on the 1-hour chart. The rebound after breaking below 0.3886 is weak and has failed to effectively retest the MA5 moving average, indicating clear signs of a breakdown technically.
The MACD green bars continue to lengthen, suggesting that downward momentum is still building. Currently, the trading volume is highly volatile, mainly due to retail traders' wash trading. Large funds have already withdrawn from the market, which is not a very optimistic sign.
The current price is 0.3922, repeatedly testing the support level around 0.38. If this key level is broken, there may be further downside potential. In the short term, the overall trend remains weak, and caution is advised.