2026-02-24 05:58:53

$ADA Empty Empty Empty 📉

ADA's recent performance has been really disappointing. The 1-hour candlestick chart shows continuous downward movement breaking below the BOLL lower band. The KDJ indicator is lying flat at low levels, and trading volume is still increasing. The bulls have no strength left to fight back; they are just being pressed down and rubbed against the ground. There’s no sign of a rebound, and the bears are completely in control of the momentum.

In the past 24 hours, over 465 million in liquidation occurred across the entire network, with all long positions being wiped out. ADA is suffering heavy losses along with the overall market, with funds frantically selling off, leading to a drop so severe that even the mother would not recognize it.

Technical analysis on the 1-hour timeframe: BOLL lower band acting as resistance, KDJ at low levels showing stagnation, clearly indicating a bearish trend.

First target: 0.2469
Second target: 0.2186
Stop loss: 0.2778
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ADA-5,09%

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