$ADA

USDT BEARISH SETUP – REJECTION ZONE IN PLAY, SHORT OPPORTUNITY AHEAD

Cardano ($ADAUSDT) is currently trading at 0.5857, showing signs of weakness near key resistance.

🔑 Key Levels:

Resistance: 0.5912 – 0.5928 (strong rejection zone highlighted)

Support: 0.5692 – 0.5694 (potential target zone)

Current Price: 0.5857

📉 Trade Setup (Short):

Entry Zone: 0.5862 – 0.5912

Take Profit (TP): 0.5692 – 0.5694

Stop Loss (SL): Above 0.5928

📊 Market Outlook: ADA is showing lower rejections from the resistance area, indicating a potential bearish move towards the next support levels if price fails to reclaim 0.5928. Momentum remains weak, with a possible downward continuation after a small retest of resistance.

⚠️ Risk Management: Always use strict SL at 0.5928, risking only 1-2% of your capital per trade to manage volatility and unexpected reversals effectively.

buy and trade here on $ADA

💭 “Trade what you see, not what you feel.”

#CryptoAnalysis #ADAUSDT #Cardano #ShortSetup #TradingSignals