ADA Looks Precarious

ADA is retesting important resistance/support at around $0.4. For me personally it doesn't look strong, and my bias would be that it is more likely to break down from here.
However it may hold this level as support, which it needs to in order to remain bullish.
If I was holding bullish, I would be using this level as a sell signal, if it breaks down.
Chart PatternsTrend Analysis

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