As predicted in the previous analysis, the price drop for ADA has continued. According to recent analysis, the medium-term support level for this coin is around $0.40. It is expected that the price will move downward in an ABC correction structure towards the lower bound of the descending channel.
🔻 Key Support Level: $0.40 🔼 Prediction: Continued corrective movement towards the lower channel bound
This analysis indicates that further downside is likely in the short term, but the support level can present an opportunity for entry.
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