$ADA
🔴 ADAUSDT – Bears Still in Control, Watch for Breakdown Below $0.64
ADAUSDT is trading around $0.643, struggling to stay above its EMA resistance. The VPVR shows a heavy supply zone between $0.646 – $0.666, which has repeatedly rejected price moves higher. With MACD still flat and volume declining, buyers appear weak — suggesting possible further downside if $0.64 fails to hold.
Trade Plan
Entry (Short): $0.645 – $0.650 (enter near resistance rejection)
Target 1: $0.632 (recent low retest)
Target 2: $0.620 (deeper support & volume base)
Stop Loss: $0.660 (above resistance cluster)
My View
ADA is in a clear bearish structure, forming lower highs near the volume ceiling.
If $0.64 breaks with volume, expect a quick push toward $0.62.
Momentum remains with sellers — avoid premature longs until structure flips bullish.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always DYOR before trading.