$ADA /USDT BEARISH MOVE IN PLAY ๐Ÿ”ป โ€“ SHORT SETUP AHEAD!

๐Ÿ“‰ Current Price: $0.6110

๐Ÿšจ 24H Range: High $0.6566 | Low $0.5998

๐Ÿ’ฅ 24H Drop: -6.53%

๐Ÿ” TECHNICAL ANALYSIS

$ADA /USDT is currently in a bearish retracement phase after failing to hold above the $0.6400 resistance zone. Price action shows lower highs and lower lows, with increasing sell volume โ€“ confirming downward pressure.

๐Ÿ“Š KEY LEVELS

๐Ÿ”บ Resistance:

$0.6400 โ€“ Major resistance zone

$0.6250 โ€“ Minor resistance (previous support turned resistance)

๐Ÿ”ป Support:

$0.5990 โ€“ Immediate support (24h low)

$0.5750 โ€“ Next strong demand zone

๐Ÿ’ฃ TRADE SETUP โ€“ SHORT ENTRY

๐Ÿ“‰ Entry: $0.6150 โ€“ $0.6100 (wait for slight pullback/retest)

๐ŸŽฏ Targets (TP):

TP1: $0.5990

TP2: $0.5750

TP3: $0.5600 (extended target)

๐Ÿ›ก๏ธ Stop Loss (SL): $0.6270 โ€“ above minor resistance

โš ๏ธ RISK MANAGEMENT

Use 2% max risk per trade. Adjust position size accordingly. Always wait for confirmation candle before entry. Protect capital, let profits run. ๐Ÿ’ผ๐Ÿ“‰

๐Ÿ“Œ Summary: ADA/USDT shows strong bearish momentum, with clear rejection from upper resistance. Short setup offers high RR potential if support breaks. Stay disciplined! ๐Ÿ’ฃ๐Ÿ“‰๐Ÿ’ผ

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