Ada can drop another 50%

Since the 0.4 low made in May, Ada started to consolidate. This consolidation is a descending triangle though, suggesting the pressure is on the sell side.
With this renewed pressure on the crypto market, I expect a break of support and a 50% tumble could follow for Cardano.
Only the price back above 0.53 would bring some relief.
As long as the price is under this recent high, rallies should be sold