$ADA /USDT BEARISH PRESSURE CONTINUES — SUPPORT LEVELS BEING TESTED!
$ADA is currently trading at $0.7406, with a clear downward trend on the 1H chart. The price has consistently formed lower highs and lower lows, with recent support seen near $0.7260. Unless bulls step in soon, the pair might retest this support zone, opening room for a potential short play.
Trade Setup (Short):
Entry: $0.7420 – $0.7470
Targets: $0.7280 / $0.7150
Stop Loss: $0.7550
Market Outlook:
Momentum favors sellers for now, and any bounce may face resistance near $0.7550. Traders should watch for volume confirmation and manage risk as ADA approaches critical support levels.
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