$ADA /USDT BEARISH SETUP – CAUTION BELOW SUPPORT ZONE! ⚠️🐻

Current Price: $0.5859

24h High: $0.5910

24h Low: $0.5722

Volume (24h): 87.21M ADA / 50.61M USDT

🔍 MARKET OUTLOOK:is showing weak momentum near the $0.586 resistance, failing to break higher despite volume support. The price is pressing against a descending trendline on the 1H chart and trading below key EMA zones, signaling increasing bearish pressure.

Key Resistance Levels:

🔺 $0.5910 – Short-term ceiling (24h high)

🔺 $0.6000 – Psychological barrier

Support Levels:

🔻 $0.5740 – Immediate support (near 24h low)

🔻 $0.5600 – Major swing support and next demand zone

💣 TRADE SETUP – SHORT POSITION

🔽 Entry Zone: $0.5850–$0.5880

🎯 Targets (TP):

• TP1: $0.5740

• TP2: $0.5600

• TP3: $0.5450

🛑 Stop Loss (SL): $0.5935 (above 24h high)

📊 Risk/Reward: Around 1:2 – high-conviction short-term play if rejection holds.

📉 RISK MANAGEMENT TIPS:

Use a tight stop loss and proper position sizing. Consider trailing your SL if TP1 is hit. Avoid overexposure due to market-wide volatility.

🔥 Summary:

Iffails to reclaim $0.5910 with volume, bears could push it toward deeper support at $0.5600. Ideal setup for short-sellers watching lower highs and fading volume.

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