ADA is currently testing support at 0.63 USD, with market sentiment leaning bullish but cautious due to declining funding rates. Liquidation clusters between 0.68 USD and 0.72 USD increase the potential for volatility.
Technical analysis shows an RSI of 39.15 and a bearish MACD crossover, indicating fading bullish strength. Traders must pay attention to these metrics as they suggest a risk of a breakdown if support is lost.
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