$ADA Coin Price Update: Bearish Pressure_

$ADA /USD: $0.3539, falling 5% in the last 24 hours. Despite a slightly bearish historical trend, with only 49.72% of days closing above the opening price, ADA is facing significant short-term losses. The coin has plummeted 88.11% from its 2-year and 11-month high of $2.98, indicating a potential downtrend. Traders should be cautious, as a breakdown below $0.3500 could lead to further losses. A recovery above $0.3700 is needed to regain momentum.

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