$ADA /USDT Short Trade Signal š»š»
BEARISH BREAKDOWN ā SELLERS IN CONTROL!
Cardano faces strong rejection at $0.5776, slipping below minor support with increasing bearish momentum. If the downtrend continues, ADA could target deeper liquidity zones.
š Trade Setup (Short)
- Entry Zone: 0.5740 ā 0.5760
- Take Profit Targets:
- TP1: 0.5700 (Immediate support)
- TP2: 0.5667 (Next liquidity zone)
- Stop Loss: 0.5776 (Above rejection level)
š Market Outlook
- Key Resistance: $0.5776 (Strong seller zone)
- Breakdown Confirmation: Watch for increased volume to validate further downside.
- Next Support: A drop below 0.5700 may accelerate selling pressure toward 0.5667.
ā ļø Risk Warning
- Risk only 1-2% per trade.
- Wait for confirmation (e.g., bearish candle close below 0.5740) before entering.