$ADA – CRITICAL BREAKDOWN ZONE!
Cardano ($ADA ) just rejected a key lower high resistance at 0.6397 and has now flipped the short-term structure bearish on the 15m chart. Price action shows weakness below 0.6353, breaking below the mid-range support with increased red volume — signaling a potential short move unfolding.
📉 Short Setup
• Entry: 0.6352
• Take-Profit: 0.6289
• Stop-Loss: 0.6397
• Risk/Reward: Favorable for a 1.5x return
If price continues below 0.6350 with momentum, ADA could test 0.6300 and then slide toward 0.6289.
⚠️ Watch for volume confirmation and candle close under 0.6330 for stronger conviction.