$ADA /USDT BEARISH BREAKDOWN AHEAD – BEARS MAINTAIN CONTROL BELOW KEY SUPPORT LEVEL
After failing to hold above the $0.56–$0.57 support zone, $ADA/USDT has broken down with increased selling pressure, indicating potential continuation to the downside. The current 24h low of $0.5443 marks a critical breach, and with the price now hovering near $0.5531 (down -5.32%), bearish momentum is evident. Short-term charts (15m to 4h) are showing consistent lower highs and increasing sell volume, suggesting sellers are dominating.
🔻Trade Setup:
Short Entry: $0.5530–$0.5560
Take Profit (TP): $0.5400 / $0.5280
Stop Loss (SL): $0.5645
📉 Market Outlook:
Cardano ($ADA) is under pressure amid weak bullish volume and broad market consolidation. Unless price reclaims and holds above $0.57, further downside is likely in the short term. A potential rebound might occur at lower support levels, but for now, sellers are clearly in control.
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