ADA Looks Potentially Short

The stock is showing weakness and systematic decline within the descending triangle. We have consolidated under the moving MA50 and MA200.

There is practically no trading volume and the cloud at 4hTf has inverted, the situation continues to gain negative momentum.

I do not think that anything will change in the near future and I am waiting for further corrective dynamics.

Targets: $0.6302-$0.5857-$0.5419.
Stop: 0.7044$

Thank you for information 👍🏻
3150 $DEGEN