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$ADA 🌂
The recent push higher across alts - including ADA is shaping up like a textbook ABC corrective move.
If this counts as a completed C wave, the likely path is continuation lower and potentially fresh local lows on weaker names.
Higher timeframe structure hasn’t flipped bearish, but short term this looks like a rally within broader downside pressure.
Watching for LTF rollovers into resistance.