$ADA /USDT short tread signal 🚦 🛑
BEARISH BREAKDOWN – CHANNEL REJECTION TRIGGERS FRESH SELL-OFF!
#Market_Update 🕉️ Buy and trade here 👇
Trade Setup (SHORT):
Entry: $0.6595 – $0.6630
Target 1: $0.6520
Target 2: $0.6466
Stop Loss: $0.6662
$ADA has failed to hold above the key support-turned-resistance zone at $0.6630 and has now broken down from a descending channel. Price is currently trading around $0.6597 with increased bearish volume, signaling strong sell-side momentum and a continuation toward the next support levels.
Market Outlook:
The rejection from the previous support zone turned resistance aligns with the broader downward structure. Volume is rising on red candles, and no bullish reversal signs are present yet. If momentum sustains, the price may test the lower support zones swiftly.