šØ $ADA USDT BEARISH REVERSAL ALERT ā BULLS LOSING GRIP!
After testing resistance at 0.5947, ADA failed to sustain bullish momentum and is showing a potential bearish reversal on the 15-minute timeframe. Sellers are stepping in aggressively, rejecting upward pushes and forming lower highs.
š TRADE SETUP (SHORT)
Entry Zone: 0.5860 ā 0.5880
Take Profit 1: 0.5800
Take Profit 2: 0.5740
Stop Loss: 0.5945
š KEY LEVELS
Resistance: 0.5947
Support: 0.5805 (minor), 0.5719 (major 24h low)
Current Price: 0.5856
š MARKET OUTLOOK
Momentum is shifting towards the downside with rejection at local highs, increasing probability for a short-term drop towards 0.5740 if bears maintain pressure. Watch for volume spikes confirming downside acceleration.
ā ļø RISK MANAGEMENT
Always trade with calculated risk per position (max 1-2% of portfolio) and adjust stop-loss based on market volatility.
#ADA #ADAUSDT #CryptoTrading #BearishSetupj #Binance
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