FAKEOUT ABOVE SUPPLY ZONE FOLLOWED BY STRONG REJECTION — BEARS IN CONTROL! Cardano failed to hold above the 0.5480 resistance zone after a false breakout. A strong bearish engulfing candle has reclaimed the lower range, confirming seller dominance. Momentum now points toward the next demand area below $0.5250.
🔻 Trade Setup: Short Position
Entry Point: 0.5361
Stop Loss: 0.5442
Take Profit: 0.5222
Margin: 2–3% of Wallet
Leverage: 10x
📉 Market Outlook: Repeated rejections near key supply zones and increased bearish volume signal exhaustion in bulls. Unless ADA quickly reclaims $0.5440+, more downside remains likely.