$ADA looks corrective here — the bounce feels like relief inside a broader downtrend, not a reversal. Bearish RSI divergence flagged the momentum fading before this latest drop.

I'm watching for a retest of the $0.14 low, maybe even a break below. That's the structural risk. Invalidation is clear: a push back above $0.28 would flip the script and challenge the bear read.

Stay disciplined. If you're short, trail stops. If you're long, respect the levels. The structure will tell you when it shifts.