ADA is not in a bad position to buy but the Pink line is a very strong support so if it keeps it we can see the pump to 2.5 (midline) and 3.6
daily RSI shows a very long bearish trend and it seems we are here at the end of it, so if it break the line we can see the pump. I think the pump scenario have more chance to happen.
everything here says we should see a pump not a dump to 1.62 or the worst scenario to 0.96!