🚨 $ADA /USDT – Approaching Key Resistance! Possible Short Setup 🔻

Current Price: $0.4568

$ADA is testing a critical resistance zone after a weak bounce. Price structure is still bearish with lower highs intact, and rejection signs are emerging!

🔴 Resistance Levels:

• $0.4620

• $0.4685 (major horizontal + trendline resistance)

🟢 Support Levels:

• $0.4490 (minor support)

• $0.4380 (next strong support zone)

⚔️ Short Trade Setup:

📍 Entry: $0.4560 – $0.4620

🎯 TP1: $0.4490

🎯 TP2: $0.4380

🛑 Stop Loss: $0.4705

Market Insight:

Bearish divergence on RSI + declining volume on the bounce suggests a potential reversal. ADA is still below its 4H EMAs, favoring downside continuation.

Pro Tip:

If ADA closes below $0.4500, expect increased selling pressure. Ideal for intraday scalps or short swing plays.

⚡ Bearish bias remains – don’t chase longs yet!

Buy sell or trade here ($ADA )