๐ป $ADA /USDT BEARISH PRESSURE BUILDING โ WATCH FOR BREAKDOWN! โ ๏ธ
๐ Technical Outlook:
$ADA/USDT is under bearish pressure, currently trading at $0.6503 (-4.37%). Price rejected from the 24h High of $0.6899 and is trending lower, hovering near key support. Weak momentum could trigger further downside.
๐ Key Levels:
๐ผ Resistance: $0.6650 โ $0.6900
๐ก๏ธ Support: $0.6400 (minor), $0.6180 (major)
๐ Current Price: $0.6503
๐ Short Trade Setup:
Entry: $0.6480 โ $0.6520
Target 1 (TP1): $0.6300
Target 2 (TP2): $0.6180
Stop Loss (SL): $0.6660
โ ๏ธ Risk Management:
Risk only 1โ2% per trade, always use a tight SL, and maintain a 1:2+ risk-reward ratio. Consider partial profit-taking near first target to lock in gains. ๐ก๏ธ๐
๐ฅ ADA is slipping โ trade with caution and let the trend guide you! โ ๏ธ๐ฃ๐
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