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$ADA Signal】Hold off on trading — Downtrend continuation, no effective support observed
$ADA After breaking below EMA20 (0.2638), the price accelerated downward and is currently within a downtrend channel, testing a thin support around 0.254.
🎯 Direction: Hold off on trading
Market analysis: The 4H chart shows consecutive bearish candles, with the latest candle’s buying volume only accounting for 47%, indicating persistent selling pressure. The price has moved far from EMA20 and is in a clear downtrend.
Hardcore logic: Key data points to a bearish dominance. 1. Open interest (OI) remains s