$ADA /USDT BEARISH SETUP – SHORT BELOW $0.705 AS DOWNTREND BUILDS
Cardano (ADA) is trading at $0.7130 (-1.82%) after getting rejected from the $0.7278 resistance. With the price slipping back toward key support zones and lower highs forming, a bearish breakdown looks likely if $0.705 fails.
🔍 Key Technical Levels
Resistance:
• $0.7278 – Daily high and rejection zone
• $0.7200 – Minor resistance
Support:
• $0.7050 – Key short-term support
• $0.6840 – 24h low and breakdown level
• $0.6600 – Major swing support
📉 Bearish Trade Setup (SHORT)
Entry: Below $0.7050 (aggressive), confirmed breakdown below $0.6840
Stop Loss (SL): $0.7250
Take Profit (TP):
• TP1: $0.6840
• TP2: $0.6600
• TP3: $0.6400
⚠️ Risk Management
Risk only 1–2% per trade.
Confirm with volume + MACD crossover on 1H or 4H timeframe.
ADA can move sharply — tight SLs recommended in volatility.
> 🧠 ADA stays bearish below $0.7200. Bulls need a breakout above $0.7278 to shift momentum.
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