Cardano is losing its footing.

ADA is under support, if a predator sees a weakness, it will try to attack.

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Eagle vision to recognize prey on the ground from a height of 5 km.
ADA failed the retest and began to bleed, so it was certain that an attack would occur.

Note

There may be a retest before moving down, I would like to share a positive idea for ADA fans, but I will always state what I see on the chart.
There are a lot of false moves in the current market (there may also be a pullback above support and a subsequent dump later), but I have no reason to change the target yet.

Note

ADA shows weakness and begins to bleed. The eagle's laser vision has already registered this weakness and is preparing to attack if it sees more blood.

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This setup makes sense to me so far, the deeper we go the bigger the profit if a bear market rally starts.
I understand that this is not pleasant for investors who bought at higher values, but a year ago I warned where the last exit option would be.
It is no longer easy to predict at these levels.

Note

ADA tried to escape above the 0.330 support, retailers are already bullish again as they have seen green candles, but they are likely to become eagle food again soon.
A point below resistance is not suitable for buying.

Note

In the log graph, the reflection could be expected.

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