Technical analysis by KlejdiCuni about Symbol ADA: Sell recommendation (8/4/2025)

ADA - CARDANO, has broken out from a key structure zone near 0.7780 As long as the price remains below this level, the likelihood of a decline toward 0.6490 and potentially 0.5580 remains elevated. This bearish potential is further supported by BTC, which appears to be entering a broader corrective phase or possibly accumulating before the next upward leg. This uncertainty is exerting short-term selling pressure across altcoins. While this could hint at an emerging shift in trend, it's premature to confirm any long-term directional change at this stage. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day