The analysis focuses on the ADAUSD pair using a 30-minute chart, indicating the market reacted to the first Fibonacci support zone. There's been another attempt to reverse the current trend, but the upward move isn't considered reliable. The analysis highlights that the downside hasn't broken below the previous low, which would ideally have to do with ideal Fibonacci retracements and extensions, but is not a strict must, nor a need, or, doesn't necessarily need to get a lower low in such an ABC or a WXY structure. The target is at 0.78926 and the fail bound is set at 0.90.