$ADA /USDT BEARISH MOVE LOOMING AS PRICE REJECTS KEY RESISTANCE ⚠️📉

🔍 Technical Analysis:

Cardano () is currently trading at $0.6360, showing weakness after testing the key resistance zone around $0.6450 - $0.6500. Price failed to break above this level, forming a potential short-term double top pattern on the 1H and 4H charts — a classic bearish signal.

📊 Key Levels:

Resistance:

🔺 $0.6450 - Immediate resistance

🔺 $0.6600 - Strong breakout resistance

Support:

🔻 $0.6270 - First support

🔻 $0.6120 - Key downside target

💼 Trade Setup (Short Entry):

Entry: 🔽 Sell at $0.6350 - $0.6370

Target 1: 🎯 $0.6270

Target 2: 🎯 $0.6120

Stop Loss: 🛑 $0.6520

📈 If price breaks below $0.6270 with strong volume, expect accelerated downside toward the $0.6120 zone.

🛡️ Risk Management:

💰 Risk only 1-2% of your trading capital per trade.

📏 Stick to your SL and avoid revenge trading. Let the setup come to you!

📉 Bearish bias remains unless $ADA reclaims and closes above $0.6520 with strong volume.

📲 Stay sharp, stay disciplined, and let the charts guide you! 🚨

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