$ADA /USDT SHORT TRADE SIGNAL – REJECTION FROM SUPPLY ZONE COULD TRIGGER DROP!
Cardano is facing strong resistance near the $0.6790 zone, which previously acted as support. The price has printed a rejection candle after testing this level, indicating possible continuation to the downside.
Trade Setup:
Entry: 0.6670 – 0.6669
Take Profit (TP): 0.6413
Stop Loss (SL): 0.6797
Market Outlook:
Market structure remains bearish with lower highs forming. Unless ADA reclaims the 0.6790 zone with strong volume, further downside toward key demand levels is likely.
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