$ADA

USDT – BEARISH REVERSAL UNDER PRESSURE 🔻

Cardano is losing steam after rejection from the $0.6174 resistance, showing signs of a bearish pullback as selling volume increases and momentum weakens.

📊 Current Price: $0.6097

🔹 Key Levels:

Resistance: $0.6174 / $0.6125

Support: $0.6040 – $0.5970

Price is struggling to break above $0.615 and is now approaching the lower support zone — indicating potential continuation to the downside.

💥 Trade Setup (Short Entry):

Entry: $0.6100 – $0.6120

Take Profit (TP):

🎯 TP1: $0.6020

🎯 TP2: $0.5950

Stop Loss (SL): $0.6185

Wait for confirmation with a 1H candle close below $0.6060 before entry.

⚖️ Risk Management:

Risk only 1–2% of your capital per trade. Stick to your stop loss — discipline is key to protect capital in volatile conditions.

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