$ADA USDT – REJECTION AT 0.5910 SPARKS SHORT-TERM BEARISH MOVE
WEAK BREAKOUT ATTEMPT REVERSED
STILL STRUGGLING BELOW 99 EMA
$ADA USDT attempted a breakout to $0.5910 but faced sharp rejection, forming a bearish wick and slipping below the 7, 25, and 99 EMAs. The price is now consolidating near $0.5830, just above local support at $0.5790.
Unless bulls reclaim the $0.5860–$0.5880 resistance zone, downside continuation remains more likely in the short term.
Entry (Short): $0.5835
Targets: $0.5790 / $0.5735
Stop Loss: $0.5885
Bearish momentum could build if $ADA stays below the key EMAs.