$ADA – BEARISH RETEST IN PLAY, SHORT SETUP BELOW $0.705

STRONG DUMP. WEAK RELIEF RALLY.

$ADA dropped sharply from $0.7190 to $0.6842, breaking multiple support levels. The current bounce to $0.6958 is minor and struggling to break above the $0.6980–$0.7050 zone. Price is likely forming a bearish retest with lower highs and continued selling pressure.

SHORT ENTRY: $0.6958

TARGETS: $0.6860 / $0.6750

STOP LOSS: $0.7055

Bearish bias remains unless bulls reclaim $0.7050 with strong momentum.

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