$ADA /USDT short trade signal 🚦 🛑
BEARISH REVERSAL IN PLAY – STRONG REJECTION FROM RESISTANCE ZONE!
Cardano has faced a sharp rejection near the $0.6866 resistance zone after a strong bullish rally, indicating potential exhaustion of buying momentum. Price action shows a clear bearish rejection candle at the top, suggesting a possible short-term reversal toward lower support levels.
Trade Setup (Short):
Entry: $0.6820 – $0.6860
Take Profit (TP): $0.6580
Stop Loss (SL): $0.6915
Market Outlook:
Bears are stepping in after ADA failed to close above the resistance zone. If price sustains below $0.6860, expect downside pressure toward the previous demand area around $0.6580. Risk management is key here, as volatility is increasing near key resistance.
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