$ADAUSDT – SHORT TRADE SIGNAL🔴
Lower high formation below $0.5947.
EMA(7) & EMA(25) crossover hints weakness.
ADA is showing signs of a short-term top after failing to hold above $0.59. Price is now testing EMA(99) support, and a confirmed close below could accelerate downside toward the $0.575 zone.
🔻 Key Technical Levels:
• Resistance: $0.5947
• Support: $0.5808 / $0.5758
• Breakdown Level: $0.5850
• Consolidation Zone: $0.5808–$0.5900
📉 Trade Setup (Short):
• Entry Point: $0.5850 – $0.5875
• Stop Loss: $0.5955
• Take Profit:
• TP1: $0.5800
• TP2: $0.5735
• Margin: 2–3% of wallet
• Leverage: 10x
📊 Market Outlook:
ADA is struggling to sustain upward momentum and may slide if it breaks below EMA(99). Watch $0.580 as the key near-term support for further direction.$ADA
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