$ADA USDT – REJECTION AT RESISTANCE, BEARS RE-ENTER!

STRONG WICK ABOVE $0.5882 REJECTED

BEARISH CANDLE ENGULFS PREVIOUS GAINS

After tapping a high of $0.5882, $ADA faced heavy resistance and sharply reversed. Price failed to hold above the mid-range zone, confirming a bearish engulfing on the hourly. MACD histogram shows weakening bullish momentum, hinting at downside continuation.

SHORT TRADE SIGNAL

Entry: $0.5810

Targets: $0.5740 / $0.5680

Stop Loss: $0.5865

A breakdown below $0.5780 may accelerate the bearish move.

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