$ADA AUSDT BEARISH REVERSAL ALERT – SELL PRESSURE BUILDING FAST!

Cardano is showing signs of rejection near the 0.6270 resistance zone, with price unable to sustain above it. This suggests sellers are gaining control, and a potential drop towards the previous support is likely if momentum persists.

Trade Setup (Short):

Entry Zone: 0.6220 – 0.6270

Take Profit: 0.6100 / 0.6048

Stop Loss: 0.6300

Market Outlook:

The 30-minute chart indicates repeated rejection at resistance with a bearish engulfing pattern forming. Volume spikes confirm active sell orders. If the price breaks below 0.6200 with strong volume, further downside can be expected towards the 0.6048 demand zone.

#Cardano #ADAUSDT #CryptoTrading #BearishSetup #PriceAction

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