$ADA
/USDT BEARISH REJECTION AT SUPPLY ZONE – SHORT OPPORTUNITY AHEAD!
Price attempted a breakout but got rejected near the $0.7015 resistance zone, forming a clear bearish wick. This signals a strong supply area and potential downside momentum as bulls show exhaustion at higher levels.
Trade Setup:
Entry Zone: $0.6965 – $0.6992
Take Profit (TP): $0.6890
Stop Loss (SL): $0.7016
Market Outlook:
Sellers are stepping in after the breakout failed to sustain. If bearish pressure continues, ADA could revisit the previous support zone around $0.6890. Keep an eye on candle confirmations below $0.6960 for stronger momentum.
Command: “Exhaustion visible—go short and follow the momentum shift downward!”