I see a lot of fundamentals reasons for the ADAUSD to bounce back on a few support/resistance level. in fact we are dancing in the 50% to 61,8% area of retracement from the last powerful extension and I expect the price to keep following the historical range before breaking the past ATH.
The scenario will be unvalidated if we enter un bear market.
The scenario will be unvalidated if we enter un bear market.