$ADA – BEARISH PRESSURE BUILDING BELOW MID-BOLLINGER, RETEST OF SUPPORT LIKEL

$ADA faced rejection near $0.7480 and is now slipping below the mid-Bollinger Band ($0.7415), indicating short-term weakness. The price is approaching the lower band zone, suggesting that sellers are gaining control and a retest of support near $0.732–$0.730 may be imminent.

Trade Setup (15m chart):

• Short Entry Zone: $0.739 – $0.742

• Take Profit 1: $0.732

• Take Profit 2: $0.724

• Stop Loss: $0.746

Market Outlook:

With fading momentum and price falling below the mid-band, the short-term trend favors a bearish correction. Unless bulls reclaim $0.745 with strong volume, the downside bias remains active.

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