$ADA /USDT BEARISH REVERSAL IN PLAY – WATCH THE BREAKDOWN!
$ADA has dropped from the recent high of $0.8643 and is now trading around $0.7983, showing signs of a bearish reversal on the 4H chart. Price failed to sustain above the key resistance zone, leading to consecutive red candles. Immediate support lies near $0.7750, while resistance holds at $0.8200.
Trade Setup:
Short Entry: $0.7950 – $0.8050
Take Profit (TP): $0.7650 / $0.7400
Stop Loss (SL): $0.8240
Risk Management:
Use tight SL and position sizing to control drawdown — volatility is increasing near resistance zones.
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