$ADA /USDT BEARISH REVERSAL SETTING IN – WATCH THE $0.76 SUPPORT!
Cardano rallied to $0.8414 but quickly lost steam and is now retreating toward $0.7727. The 4H chart is showing consecutive red candles, indicating a strong shift in momentum. Price is now close to testing key support around $0.76.
Trade Setup (Short):
Entry: $0.775 – $0.785
Take Profit: $0.755 / $0.740
Stop Loss: $0.800
Market Outlook:
ADA’s structure suggests a temporary top formation after a clean rally. If the $0.76 level fails, a deeper correction could follow. Watch for breakdown confirmation — momentum is tilting in the bears’ favor.
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Ride the momentum before it fades — profits favor the fearless!
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