$ADA ‌ADA’s price is under pressure as the asset was unable to hold on to higher levels.

Currently, the price is trading around the 0.34 level, which is the short-term decision zone.
The level of 0.333 is the main support level.
As long as this level holds, the asset may attempt to stabilize and create a base.
If the asset can move above the level of 0.345, this will be the first indication that the asset is trying to recover.
If the buyers take charge, the asset may move up to the level of 0.355, and then the level of 0.370 may become the next resistance zone.
If the asset faces rejection at the level of 0.355, this means the sellers are still in charge.
In that case, the next major support level will be at the level of 0.325.
Currently, the asset’s momentum is cautious, and the price action is range-bound.
The direction in which the asset may move depends on how the price reacts to the support level.