$ADA /USDT BEARS TAKE CONTROL – WILL CARDANO BREAK BELOW SUPPORT?
Cardano is currently trading at $0.871, down 3.8%, and showing strong bearish momentum after failing to hold above the $0.90 mark. Price has tested the key support near $0.855, and a breakdown below this level could trigger further downside pressure. The overall structure indicates sellers are dominating, with no significant bullish reversal signals yet.
Trade Setup:
Entry (Short): $0.870 - $0.880
Targets (TP): $0.855 / $0.840 / $0.820
Stop Loss (SL): $0.895
Market Outlook:
The trend remains bearish as long as price stays below $0.895. A decisive break under $0.855 may lead to an extended downside toward $0.820. Buyers should wait for a confirmed reversal before considering longs.
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