$ADA USDT Sell Signal 🛑
Bearish Collapse - Sellers are in Control 🔻
Cardano shows strong bearish momentum after breaking through the key resistance area near 0.5750. The price has breached support levels and is currently forming a clear structure between the low and high, indicating the possibility of further declines in the coming sessions.
🔹 Trade Setup (Sell):
Entry Price: 0.5630 - 0.5650
Take Profit 1: 0.5550
Take Profit 2: 0.5500
Take Profit 3: 0.5450
Stop Loss: 0.5710
📊 Market Outlook:
Momentum remains bearish below 0.5650 with strong selling pressure. The key resistance level is confined between 0.5650 and 0.5750. If the bears maintain their control, expect a swift decline towards the support area of 0.5450.
⚠️ Risk Management:
Always use your position size according to your capital and adhere to a strict stop loss to protect against unexpected volatility.$ADA