$ADA USDT BEARISH MOMENTUM – TP HIT WITH PRECISION 🎯
Cardano continued its sharp decline, smashing through the previous support zones and hitting our Take Profit with strength. Sellers remain in control as bearish momentum deepens, and any pullback could provide fresh shorting opportunities.
🔻 Trade Setup (Executed):
Entry: 0.5800
Take Profit: 0.5694 ✅ HIT
Stop Loss: 0.5945
📊 Market Outlook:
ADAUSDT is in a firm downtrend, with bears dominating below key resistances at 0.5900 and 0.6000. As long as it remains under these levels, further dips towards 0.5600 – 0.5550 are likely. Short-term bounces may occur, but momentum favours sellers.
💡 Risk Management:
Stick to tight stop losses and avoid oversized positions to protect capital during accelerated bearish moves.
#Cardano #ADA #CryptoTrading #BearishTrend #TechnicalAnalysis
buy and trade here on $ADA