#ADA/USDT ANALYSIS
ADA is currently consolidating within a descending triangle pattern, trading below the resistance trendline. The 100 moving average is providing support, while the Ichimoku Cloud is acting as a resistance barrier.
A strong breakout above the resistance trendline would confirm a bullish move. However, there is also the possibility of a rejection at the current price level, which could lead to further downward pressure.
