$ADA /USDT BEARISH TURN AHEAD — STRONG REJECTION FROM $0.8414 TRIGGERS SELL-OFF
Cardano lost bullish momentum after tapping the key resistance at $0.8414, falling back below $0.7900 and now trading at $0.7843. A lower high and sharp wick suggest downside pressure could continue in the near term.
Key Levels:
Resistance: $0.8414, $0.8191
Support: $0.7612, $0.7323
Trade Setup (Short):
Entry: $0.783 – $0.788
TP1: $0.761
TP2: $0.732
SL: $0.805
Risk Management:
Always enter with confirmation and keep SL tight. Risk no more than 1.5% per trade — especially after sharp movements. Use position sizing to control volatility exposure.
If you feel the analysis helpful, Like, Share and comment the next pair you want to analyze!
Trade with structure, not emotion — the trend shift rewards early movers!