$ADA /USDT – BEARISH PRESSURE LOOMS AS RALLY STRUGGLES TO BREAK ABOVE RESISTANCE! ⚠️
Current Price: $0.6439
24H Range: $0.6208 – $0.6459
Volume: 57.79M ADA / 36.56M USDT
1H Price Action: Weak momentum near resistance, signs of exhaustion
Key Technical Levels:
Immediate Resistance: $0.6450 – $0.6500
Major Resistance Zone: $0.6600
Support Zone: $0.6300 – $0.6200
Breakdown Risk Zone: Below $0.6150
Trade Setup (SHORT):
Entry Zone: $0.6430 – $0.6460 (if price gets rejected at resistance)
Take Profit (TP):
TP1: $0.6300
TP2: $0.6200
TP3: $0.6050
Stop Loss (SL): $0.6560 (above resistance)
Market Outlook:
$ADA has bounced back slightly but is still trading -4.40% in the past 7 days and -11.59% over 90 days. Price action shows weakness near the $0.6450 level, with bears ready to defend. Unless ADA breaks above $0.6500 with strong volume, the risk of a pullback remains high.
Risk Management:
Stick to 1–2% risk per position. Always wait for candle confirmation before entry and avoid overleveraging in a ranging market.