🔍#ADA /USDT Analysis (1D timeframe)

💰 Cardano (ADA) continues to respect a clear bearish structure:

Previous supply zones around $0.86 and $0.72 acted as strong rejection levels.

🔻 Price is currently trading around $0.62, continuing its descent after a clean rejection from the most recent supply zone ($0.70–$0.73).

📉 Lower highs and lower lows confirm the downtrend — buyers are weak, and momentum remains with the sellers.

🔻 Nearest liquidity target: $0.509–$0.52 — that’s where the next reaction zone may form.

Bias: Bearish until we reclaim and hold above $0.73 with volume.

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