ADA price settled below the $0.1600 level and it is currently in a bearish zone.

ADA price is struggling to move higher. ADA has to settle back above $0.1550 to start a fresh recovery in the near future.

however, around $0.1600 price level would be great to trigger an upside wave.

If the price fails to move above the $0.1500 level, there is a chance of a downside reaction back towards $0.1400.

Below $0.1400, there is a risk of ADA trading to a new low.