$ADA /USDC – SHARP REJECTION FROM EMA ZONE
BEARISH MOMENTUM CONTINUES BELOW $0.582
MINOR BOUNCE, BUT TREND STILL WEAK
$ADA dropped aggressively after failing to hold above the EMA(25) and EMA(99), breaking down to a new intraday low of $0.5744. Although price has slightly rebounded, the structure remains bearish as it trades below all major EMAs on the 15M chart.
🔴 SHORT TRADE SETUP
Entry Zone: $0.577 – $0.579
Take Profit: $0.567
Stop Loss: $0.584
Market Outlook:
Unless $ADA reclaims the $0.582 resistance area with strong volume, further downside remains likely. Momentum favors bears in the short term.
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