🚨 ADA Collapse Crisis! Will the Bears Take Over? Can the Bulls Hold the 90 Cent Support?

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ADA Drops Below $1, Selling Pressure Intensifies

Earlier this week, the market was full of expectations for ADA to break through $1 and target $1.3. However, since Tuesday, sellers have begun to dominate, and the price of ADA has dropped below $1, currently at 92 cents.

Technical Weakness, Increased Risk of Further Adjustment

RSI and MACD indicators both show a weakening trend, indicating that ADA may face a deeper pullback. 90 cents is the key support; once broken, ADA could further drop to 80 cents.

Plummeting Purchase Volume, Market Sentiment Deteriorates

Since November, ADA's purchase volume has sharply declined, showing bearish signals. If buy orders do not rebound, it will become significantly more difficult for ADA to recover its upward momentum.

Currently, ADA's future trend heavily relies on the 90 cent support; if this key price level is maintained, there may be a chance for a rebound.

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