ADA's recent trend shows clear signs of weakness. The short-term long positions at 0.42 have been successfully exited, but the subsequent performance is somewhat disappointing—no breakthrough at the high point, and the lows are continuously moving lower.



From the weekly chart, there have been long upper shadows for two consecutive weeks, indicating significant resistance overhead. More concerning is the piercing of the lows, suggesting a high probability of further decline next week. The daily chart shows a decreasing volume decline, with yesterday's bearish candle directly breaking below the key support at 0.4157. The downward pace is accelerating, and the 0.387 level is being tested, potentially forming a new consolidation zone.

The four-hour trend is clearly downward. Although occasional bullish candles appear, the volume is almost negligible, indicating that the support at 0.39 is not very solid, and holding it in the future will be quite challenging.

ADA currently lacks independent market momentum and mostly follows the overall market trend. In this situation, spot trading is not recommended; instead, consider short-term long positions at lower levels. Specifically, the range of 0.381 to 0.3825 is worth paying attention to. This area is the Fibonacci 0.3825 retracement point of the major structure and also the recent bottom of the oscillation.

If the 0.381 level continues to break downward, the next target may be around 0.369—where the previous large-volume bullish candle was initiated. Maintain a cautious stance at this stage and patiently wait for better entry opportunities.
ADA-1,74%
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FromMinerToFarmervip
· 01-19 01:57
Oh no, it broke support again. ADA is really underperforming this wave. Try to buy around 0.38, no more gambling. Another follow-the-leader move, with no independent trend at all, what's the point? Highs not broken, lows still dropping. This rhythm is really fierce. Wait, when was 0.369? I’ve already forgotten. I'm just watching, not acting for now, forget about spot trading. It's the same old tactic of waiting for a low entry, but this time I really need to be cautious. Having endured the miner era until now, I’ve learned a special skill: hold your hands still and don’t move.
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MetaDreamervip
· 01-18 09:45
Ada's recent performance indeed dragged down, going solo at 0.42 was the right move. Thinking about bottom-fishing in a weak trend? You should wait until below 0.38 before acting. With such poor volume, even a rebound isn't trustworthy. 0.369 is probably the real entry point; chasing now is too risky. Coins that follow the market trend lack independence; it's better to stay on the sidelines during this period.
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CoffeeOnChainvip
· 01-16 05:48
ADA is performing a dive again. Wait for the 0.38 low point to catch the bargain.
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GoldDiggerDuckvip
· 01-16 05:48
If you can't hold 0.39, go directly to 369. Right now, it's a waiting game.
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NotSatoshivip
· 01-16 05:45
ada this wave is really boring, the rhythm of buying high and selling low is all messed up 0.381 is indeed a key level to watch, but I still think the probability of further decline is higher With such poor volume, the bulls have no confidence, it's the fate of following the market
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LazyDevMinervip
· 01-16 05:24
ADA has dropped again. It's been obvious that this thing doesn't have any independent trend... Let's wait for the order at 0.38 to be filled.
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