$ADA – SHARP REJECTION FROM HIGHS! BEARS STRIKING BACK

REJECTION AT $0.8054

STRONG BEARISH ENGULFING CANDLE

After testing the $0.8054 level, $ADA printed a strong bearish engulfing candle, wiping out multiple bullish candles in one move. Price has dropped rapidly to $0.7869, signaling exhaustion from the bulls and possible trend reversal on lower timeframes.

SHORT Entry: $0.786

Target 1 (TP1): $0.774

Target 2 (TP2): $0.763

Stop Loss (SL): $0.807

Momentum has shifted. Further downside likely if bulls fail to reclaim $0.80 quickly.

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