$ADA Market Breakdown
ADA saw a $10.5K long liquidation at 0.351, wiping out late longs who assumed the base would hold without confirmation.
Current Price Area
ADA is trading just below 0.35, stuck in a compression zone.
Key State
This was a structural stop hunt, not trend reversal.
Support
Major support lies at 0.340 to 0.345. A clean break below this opens deeper downside.
Resistance
First resistance at 0.365, major resistance at 0.385.
Market Insight
ADA continues to respect its range. Liquidity hunts occur at range extremes, then price snaps back toward balance.
Sentiment
Neutral with mi