$ADA /USDT short trade signal 🚦 🛑
BEARISH SETUP: REJECTION FROM KEY RESISTANCE ZONE SIGNALS POTENTIAL DROP!
Cardano ($ADA) is currently facing strong rejection near the $0.7016–$0.7039 resistance zone after a brief rally. The price failed to close above this supply area and has started to reverse, indicating bearish pressure is building up. This price action suggests a potential continuation to the downside.
Trade Setup (Short):
Entry Zone: $0.6960 – $0.7010
Take Profit (TP): $0.6820
Stop Loss (SL): $0.7045
Market Outlook:
ADA is reacting strongly to a previously tested resistance, and unless bulls reclaim the $0.704 zone with strength, sellers are likely to maintain momentum. Traders should watch for a breakdown confirmation before scaling in further.
Command: Execute your edge. Stay disciplined and let price lead the trade.
