$ADA /USDT – Bearish Pullback Expected! Short Setup Alert!

Current Price: $0.7655 (-1.53%)

Observation:

$ADA has been forming consistent lower highs and is now consolidating below the key short-term support at $0.7677 (MA 7). Weak volume and hesitation near the 99 MA suggest a bearish sentiment building.

Key Resistance Zones:

$0.7735

$0.7838

Support Levels:

$0.7532

$0.7431

$0.7352 (24h Low)

Short Trade Setup:

Entry Zone: $0.7650 – $0.7700

TP1: $0.7532

TP2: $0.7431

Stop Loss: $0.7820

Market Insight:

Price recently retested MA(25) and MA(99) but failed to bounce convincingly. If $0.7532 breaks, a quick drop toward $0.7352 is likely.

Pro Tip:

Wait for a bearish engulfing candle or volume spike at breakdown to confirm entry.

This is a descending setup — be ready for a solid short opportunity!