$ADA /USDT BEARISH SLIDE — PRICE PRESSURE BUILDS BELOW MA60
ADA has dropped to $0.8461, losing -1.94% on the day and trading under its MA60 ($0.8516). With continuous lower highs and rejection near $0.88, momentum favors sellers. If the $0.8440 support gives way, further downside acceleration is expected in the short term.
Trade Setup
Entry (Short): $0.8460 – $0.8500
Targets (TP):
TP1: $0.8350
TP2: $0.8250
TP3: $0.8100
Stop Loss (SL): $0.8620
Market Outlook
Bearish sentiment dominates as ADA trades below its moving average and struggles to build recovery momentum. A decisive break below $0.8440 could fuel stronger selling, while only a reclaim above $0.8600 would signal potential bullish stabilization.
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