🔻 $ADA

USDT BEARISH SETUP – SELLERS TAKING CONTROL BELOW KEY RESISTANCE

Cardano is showing clear rejection from its resistance zone, hinting at a potential strong bearish move ahead.

Key Levels:

Resistance: $0.5793 – $0.5809 (Strong rejection area)

Support: $0.5497 (Target zone)

Current Price: $0.5718

🔴 Trade Setup (Short):

Entry Zone: $0.5750 – $0.5790

Take Profit: $0.5497

Stop Loss: $0.5810

📊 Market Outlook: ADA is consolidating below resistance after a retest failure, indicating weakening bullish momentum. If sellers hold below $0.5790, a drop towards $0.5497 support is likely in the next sessions.

⚠️ Risk Management: Always use strict stop-loss placement above resistance to protect capital. Risk only 2-3% of your wallet per trade and avoid over-leveraging to sustain long-term profitability.

buy and trade here on $ADA

💬 Do you see ADA breaking this support soon? Comment your view below!

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