$ADA /USDT – A bearish pressure looms with the struggle to break resistance! ⚠️

Current price: $0.6439

24-hour trading range: $0.6208 - $0.6459

Volume: $57.79 million / $36.56 million for titanium

Hourly price movement: Weak momentum near resistance level, signs of exhaustion

Key technical levels:

Immediate resistance: $0.6450 - $0.6500

Major resistance area: $0.6600

Support area: $0.6300 - $0.6200

Breakdown risk area: below $0.6150

Trade setup (Sell):

Entry area: $0.6430 - $0.6460 (if the price rejects at the resistance level)

Take profit:

Take profit 1: $0.6300

Take profit 2: $0.6200

Take profit 3: $0.6050

Stop loss: $0.6560 (above the resistance level)

Market outlook:

The price of $ADA has seen a slight rebound, but it is still trading down 4.40% over the past seven days and down 11.59% over the past 90 days. The stock price shows weakness near the $0.6450 level, with bears ready to defend. Unless the ADA index breaks the $0.6500 level with strong trading volume, the risk of a pullback will remain high. $ADA