Technical analysis by sorooshx about Symbol ADA on 5/30/2025

Current Price: $0.699824h Change: -5.06%ADA shows bearish momentum, testing key support levels.📊 Technical Overview• Range: $0.6985 – $0.7423• Support: $0.64 – $0.70• Resistance: $0.82 – $0.85• Trend: Bearish — downward pressure continues🔗 On-Chain Insights• Whales Bought: 180M ADA recently 📈• Stablecoin Market Cap: $30.1M (+30% in Q1)• Avg. TX Fee: $0.29 (+27%) — network demand rising🧭 Fundamentals• $1.1B treasury & active governance• Ouroboros upgrades incoming 🚀• New ID partnership in Europe for real-world use cases📈 Forecast• Short-Term: $0.64 – $0.70 (support under test)• Mid-Term: $0.82 – $0.85 (possible breakout)• Long-Term: $1.00 – $1.30 (if momentum returns)✅ SummaryADA faces short-term pressure but remains fundamentally strong. Whale activity, DeFi growth, and major protocol upgrades support a long-term bullish outlook. Watch support at $0.70 closely!#SorooshX , Follow automatic signals by creators on SorooshX mobile App