ADA remains firmly under the control of the bears on the 15-minute timeframe. The downtrend that started from the 0.3906 level is still ongoing, with the price currently being heavily suppressed by the dynamic resistance at 0.3879. It is now trading around 0.3852, with a total decline of 1.38%.

The rebound strength is extremely limited, with a bounce from the bottom of only 0.68%. More importantly, it has never been able to effectively break above the trailing stop-loss line. On the technical side, the MACD also indicates a clear bearish signal, with momentum decreasing by over 22% in the past 10 days, suggesting strong selling pressure.

From a technical perspective, for ADA to truly reverse the current downtrend, it must break through and stabilize above the 0.3879 level. Otherwise, there is still a risk of further decline in the short term. Looking downward, a recent dense support zone is around 0.3678, which is a key bottom area to watch. The trend is still evolving, and it is not advisable to rush into bottom fishing or catch falling knives.