$ADA /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN — PRICE LOSES SUPPORT WITH STRONG SELL PRESSURE!
Cardano has broken down from a key support level around $0.8036 and is currently trading near $0.7921. The price action shows a clear rejection from the previous demand zone, now acting as resistance. Increased selling volume supports the move, suggesting further downside potential ahead.
Trade Setup:
Entry (Short): $0.7936
Take Profit (TP): $0.7730
Stop Loss (SL): $0.8036
Market Outlook:
ADA is trading below multiple resistance levels and forming lower highs. The rejection at previous support now turned resistance indicates bearish momentum. Unless bulls reclaim above $0.8036, downside targets remain active.
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