$ADA USDT BEARISH BREAKDOWN – SHORT SETUP ACTIVATED
Cardano has entered a decisive rejection zone near the 0.9000 psychological resistance, failing to sustain momentum above the 15-minute supply block. The repeated wick rejections and bearish engulfing candles signal exhaustion from buyers, setting the stage for a short opportunity.
The highlighted trading zone shows a clear risk-reward structure: price has broken below minor support at 0.8861 and is now hovering near the breakdown level. Volume divergence confirms weakening bullish pressure, while the lower highs and flat support suggest a descending triangle formation—typically a bearish continuation pattern.
SHORT ENTRY ZONE: 0.8860–0.8900
STOP LOSS: 0.8976 (above recent wick and structure)
TARGET 1: 0.8800 (minor support)
TARGET 2: 0.8754 (24H low and liquidity pocket)
TARGET 3: 0.8700 (extension zone if momentum accelerates)
Risk management: Use 1–2% of your capital per trade. Avoid overleveraging in volatile zones. Reassess if price reclaims 0.8976 with volume confirmation.
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