$ADA/USDT BEARS PRESSURING KEY SUPPORT – WATCH 0.7880 FOR NEXT MOVE

ADA is trading at $0.7922, down 2.03% after failing to hold above the 0.8040 zone. Price has dropped below both the 7 MA and 25 MA on the 1H chart, indicating short-term bearish momentum. If sellers push below 0.7880, a retest of the recent low at 0.7844 is likely.

Trade Setup (Short-Term Short):

Entry: $0.7920 – $0.7940

Take Profits: $0.7880 / $0.7845 / $0.7800

Stop Loss: $0.7985

Market Outlook:

Sellers currently control the short-term trend, with moving averages showing a bearish crossover. Bulls must defend the 0.7880 zone to avoid further downside, while a bounce above 0.7985 would be the first sign of recovery.

#ADA #Cardano #CryptoTrading #PriceAnalysis #Binance

BUY and trade here on $ADA