$ADA /USDT BEARISH PRESSURE BUILDING 🔻 | SHORT SETUP INITIATED

📉 Current Price: $0.6405

Cardano is struggling to hold key intraday support, showing signs of weakening bullish momentum. Price action is leaning bearish with repeated rejections near resistance zones. The market may be preparing for a downward move if $0.6400 breaks decisively.

📊 Key Levels:

🔹 Resistance Zone: $0.6573 – $0.6650 (Heavy selling observed 🔴)

🔹 Immediate Support: $0.6400 (Crucial breakdown level)

🔹 Major Support Targets:

• $0.6300

• $0.6245

• $0.6200

💼 Trade Setup – SHORT ENTRY

📍 Entry: $0.6450 – $0.6550 (Ideal short zone on a minor pullback)

🎯 Targets (TP):

• TP1: $0.6300

• TP2: $0.6245

• TP3: $0.6200

🛑 Stop Loss (SL): $0.6660 (Above resistance to protect capital)

⚖️ Risk Management:

Limit exposure to 1-2% of your account. Use a clear SL to protect your downside. Don’t overtrade – let price confirm before entering. 🛡️📉

🔥 Bearish setup favored for now — stay patient, stay tactical! 🧠📊

@Trader Ra

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