Ada sitting on support. What's next?
From mid-October to December, 
ADAUSDT experienced a remarkable rally, surging by approximately 250%. However, after two unsuccessful attempts to surpass 0.7 in December, the coin began a retracement, eventually dipping below 0.5 at the onset of the new year.
The recovery from this recent decline appears feeble, marked by a lower high on our chart, and the coin reversed at the support zone.
Given the potential for a more significant correction in BTC, I anticipate that AdaUsdt will tread a similar path and breach the support level.
In such a scenario, a decline to 0.4 seems highly likely.
ADAUSDT experienced a remarkable rally, surging by approximately 250%. However, after two unsuccessful attempts to surpass 0.7 in December, the coin began a retracement, eventually dipping below 0.5 at the onset of the new year.The recovery from this recent decline appears feeble, marked by a lower high on our chart, and the coin reversed at the support zone.
Given the potential for a more significant correction in BTC, I anticipate that AdaUsdt will tread a similar path and breach the support level.
In such a scenario, a decline to 0.4 seems highly likely.
📈 Forex & XAU/USD Channel:
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💎 Crypto Channel:
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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