$ADA /USDT BEARISH SIGNAL — REJECTION AT LOCAL RESISTANCE HINTS AT SHORT-TERM PULLBACK!
After a clean rally from the $0.6190 level to a high of $0.6430, $ADA is now showing signs of exhaustion on the 15-minute chart. Price is stalling just below the $0.6442 resistance, printing smaller green candles and a slight bearish wick — a common sign of weakening momentum.
Trade Setup (SHORT):
Entry Price: $0.6410 – $0.6435
Target 1: $0.6340
Target 2: $0.6280
Target 3: $0.6200
Stop Loss: $0.6465
Why Short?
ADA has rallied into intraday resistance but failed to break through convincingly. The price is consolidating in a tight range just under the local high, with early rejection forming — this often precedes a short-term pullback, especially on lower timeframes.
Market Outlook:
If price breaks below $0.6385, we could see a flush toward previous support areas near $0.628. Volume has started to taper off, and bulls may take profits, giving sellers a short opportunity.
Risk Management Tip:
Always secure entries with confirmation. A stop-loss above $0.6465 protects against false breakouts.
Sell smart — don’t chase green candles when the trend is turning red!