Although ADA's microstructure is not very clear, since the low point in December last year, I have identified a complete 5-wave upward pattern. The key issue now is whether this upward movement can continue. If the price falls below the $0.391 level, it will break the current upward momentum and may indicate the start of a correction phase. This $0.391 is the first major support; once it is broken, the subsequent downside potential will gradually open up. Therefore, in the short term, focus on the performance around this level — it will determine whether ADA continues to strengthen or begins a pullback.
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FromMinerToFarmer
· 6h ago
Is the 0.391 level really that critical? It feels like we're always talking about support levels...
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Ramen_Until_Rich
· 01-07 08:05
0.391 is definitely a point to watch closely; once broken, it loses its significance.
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EntryPositionAnalyst
· 01-07 06:42
I'm watching this position at 0.391, if it breaks, I have to run.
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BakedCatFanboy
· 01-06 18:11
0.391 is really a critical threshold to break through or not. It feels like ADA has been repeatedly grinding in the meat grinder lately.
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PhantomMiner
· 01-06 18:09
0.391 this position really bottlenecks, once broken, it's over
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MevWhisperer
· 01-06 18:08
Is the 0.391 level really that important? It feels like it's always said this way.
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FastLeaver
· 01-06 18:02
0.391 must be held, otherwise ADA is really going to take a hit.
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potentially_notable
· 01-06 17:54
0.391 must be held, otherwise ADA's rebound will be in vain.
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GateUser-6bc33122
· 01-06 17:44
0.391 Is this defensive line really that crucial? It feels like every time they mention the support level, it still gets broken.
Although ADA's microstructure is not very clear, since the low point in December last year, I have identified a complete 5-wave upward pattern. The key issue now is whether this upward movement can continue. If the price falls below the $0.391 level, it will break the current upward momentum and may indicate the start of a correction phase. This $0.391 is the first major support; once it is broken, the subsequent downside potential will gradually open up. Therefore, in the short term, focus on the performance around this level — it will determine whether ADA continues to strengthen or begins a pullback.