$ADA Showing Weakness – Possible Reversal Incoming❓$ADA faced a strong rejection at $0.7183 and is now pulling back, currently trading at $0.6976 (+6.88%). The momentum is fading after an extended rally, and early signs point toward a potential short setup brewing.
📊 Market Snapshot:
24H High: $0.7183
24H Low: $0.6516
Volume: 183.14M ADA
🔎 Key Zones:
Resistance: $0.7100 / $0.7180
Support: $0.6800 / $0.6650
🎯 Short Trade Plan:
Entry Range: $0.6960 – $0.7050
TP1: $0.6800
TP2: $0.6650
Stop-Loss: Above $0.7190
💡 Strategy Note:
If price closes below $0.6900 on the 1H chart, expect increased selling pressure. A breakdown there could open the door to deeper pullbacks.