$ADA 4 The 4-hour chart shows a MACD death cross below the zero line.
When looking at a MACD crossover, its position matters more than the crossover itself. A death cross below the zero line usually signals a failed weak rebound and continued weakness, making it inadvisable to bottom-fish against the trend.
A single indicator can easily be misleading; combining it with volume and price structure is more reliable.

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