$ADA /USDT BEARISH BREAKDOWN IN PROGRESS ๐Ÿ”ป | SHORT TRADE SETUP

๐Ÿ“‰ Current Price: $0.5816

๐Ÿ“ˆ 24h High: $0.6119

๐Ÿ“‰ 24h Low: $0.5742

๐Ÿ“Š 24h Volume (ADA): 101.59M

๐Ÿ’ฐ 24h Volume (USDT): $60.61M

๐Ÿ“‰ 24h Price Change: -4.31%

๐Ÿ” TECHNICAL ANALYSIS

ADA has broken down after failing to hold above the $0.60 psychological resistance. It was strongly rejected at $0.6119, and is now testing short-term support near $0.5740. The structure is forming lower highs and lower lows, confirming bearish pressure.

Unless bulls reclaim $0.60+, ADA may continue to drift downward with volume supporting the downtrend.

๐Ÿ”‘ KEY LEVELS TO WATCH

Resistance:

๐Ÿ”บ $0.6000 โ€“ First barrier

๐Ÿ”บ $0.6119 โ€“ Recent local top

Support:

๐ŸŸข $0.5740 โ€“ Immediate support (currently testing)

๐ŸŸข $0.5600 โ€“ Next major level

๐ŸŸข $0.5400 โ€“ Key demand zone

๐Ÿงจ SHORT TRADE SETUP

Entry Zone: $0.5800 โ€“ $0.5850

Target 1: $0.5740

Target 2: $0.5600

Target 3 (Extended): $0.5400

Stop-Loss: $0.6050

๐Ÿ›ก RISK MANAGEMENT

Risk only 1%โ€“2% of capital per trade

Stick to a minimum 1:2 risk-to-reward ratio

Avoid overexposure during high volatility

Watch BTC/ETH correlation for broader market sentimen

๐Ÿ“Œ SUMMARY:

$ADA is under clear selling pressure with a failed breakout above $0.60. A confirmed breakdown below $0.574 could accelerate the drop toward $0.56 and beyond. Bearish structure remains valid unless $0.61 is reclaimed.

> Stay objective. Let price lead the way. Not financial advice. ๐Ÿ“‰๐Ÿ’ผ

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