#USStablecoinBill $ADA /USDT: Bears Reject Breakout - Short Sell Signal Activated!
Cardano failed to break through the resistance level near 0.6750, showing a clear bearish rejection with strong selling pressure. The latest candle formation confirms a potential continuation of the downtrend as the market structure remains bearish.
Trading Setup - Sell Entry:
Entry Price: 0.6660
Take Profit (TP): 0.6413
Stop Loss (SL): 0.6797
Market Outlook:
Momentum is leaning bearish with lower highs forming, and no confirmation of bullish trading volume. As long as the price remains below 0.6750, it is likely that the ADA index will continue to decline. #BinanceLaunchpoolSXT