$ADA USDT BEARISH BREAKDOWN IN ACTION — SHORT MOMENTUM ESCALATES 🔻
Cardano has confirmed a sharp rejection from the $0.605 resistance block, leading to an aggressive downside move. A clean breakdown below minor support at $0.582 signals continued bearish pressure, with lower targets now opening up.
Trade Setup:
Entry Zone: $0.582 – $0.579
Take Profit 1: $0.572
Take Profit 2: $0.565
Stop Loss: $0.587
Leverage: 10x
Risk: 2–3% of wallet
Market Outlook:
Price action has shifted decisively bearish after consolidating below key resistance. Momentum remains strong to the downside with increasing volume and failed recovery attempts. Sellers are in control unless bulls reclaim $0.585.
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