🔻 $ADA
USDT BEARISH MOMENTUM – WILL ADA HOLD OR BREAK FURTHER DOWN? 🔻
$ADAUSDT continues its strong downtrend on the 1H chart with lower highs and consistent bearish candles, showing sellers still dominating despite a minor current bounce.
🔑 Key Levels:
Current Price: 0.5467
Support: 0.5366
Resistance: 0.5550
🎯 Trade Setup (Short):
Entry: 0.5460 – 0.5490 (after rejection confirmation)
Take Profits:
✅ TP1: 0.5420
✅ TP2: 0.5380
✅ TP3: 0.5330 (extended target if breakdown accelerates)
Stop Loss: 0.5520
📊 Market Outlook:
ADA remains bearish with minor corrective bounces failing to sustain. If the price gets rejected below the 0.5500 zone, a new wave towards 0.5360 and below can be expected. Bulls will need a clean reclaim above 0.5550 to shift short-term momentum.
⚠️ Risk Management:
Risk only 1-2% per trade. Place your stop loss decisively and avoid emotional entries. Trade the trend with discipline for consistent results.
💬 Will ADA break support or stage a surprise recovery today? Comment 🧐 if you’re trading this move!
buy and trade here on $ADA