$ADA is still trading under pressure after the sharp sell-off from the 0.36 region, followed by a deep flush toward 0.268. That low marked a temporary bottom, but the recovery since then has been weak and corrective, not impulsive.

On the rebound, price formed two clear lower highs around 0.304–0.306 (Top 1 & Top 2 on the chart). This confirms sellers are defending the upside aggressively. The rising trendline support has already been tested once and lost momentum.

Right now, #ADA is hovering near 0.298–0.300, but structure-wise, this is still a distribution range, not a breakout base.

If price fails to reclaim and hold above 0.306, downside risk remains active. A breakdown below the 0.285 support box would likely open continuation toward the 0.268 low again.

Only a clean break and acceptance above 0.306–0.31 would shift short-term bias.

Resistance: 0.306–0.31

Support: 0.280 → 0.285