š $ADA /USDT ā Sharp Breakdown After Rejection!
$ADA failed to sustain above its $1.0193 high and faced heavy selling pressure, triggering a steep drop to $0.9265. This breakdown wiped out multiple intraday supports, signaling strong bearish momentum. If $0.9250 fails to hold, the next downside targets are $0.9000 ā $0.8800.
Trade Setup:
š» Entry Zone: $0.9260 ā $0.9300
šÆ TP1: $0.9100
šÆ TP2: $0.9000
šÆ TP3: $0.8800
ā SL: $0.9450
Pro Tip: Such aggressive red candles often lead to short-term panic selling. If $0.9250 holds and we see a volume spike on green candles, scalpers could play quick bounces ā but trend bias remains bearish.